As of Sunday, April 13, 2025, the exchange rate for the U.S. dollar to the Nigerian naira at the Lagos parallel market, commonly known as the black market, remains active and competitive.
According to reliable sources at Bureau De Change (BDC) outlets in Lagos, traders are buying the dollar at ₦1,570 and selling at ₦1,575.
Dollar to Naira Black Market Rate (Aboki FX)
| Transaction | Rate (₦) |
|---|---|
| Buying | 1,570 |
| Selling | 1,575 |
Please note that these rates may vary depending on your location, demand, volume of transaction, and negotiation strength.
Central Bank of Nigeria (CBN) Dollar to Naira Rate
While the black market continues to serve a large portion of the population, the Central Bank of Nigeria (CBN) does not recognize or endorse parallel market transactions. The apex bank has repeatedly advised individuals and businesses seeking foreign exchange to approach their respective banks or authorized dealers.
According to data available, the CBN’s official rates today reflect the following:
| Indicator | Rate (₦) |
|---|---|
| Highest Rate | 1,630 |
| Lowest Rate | 1,570 |
Important Note
The exchange rates mentioned in this article are based on market observations and information from BDC operators. Prices may fluctuate depending on economic conditions, time of day, volume of transactions, and regional differences. Always check with multiple sources before carrying out forex transactions.
