Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

Dollar to Naira Black Market Exchange Rate Today – February 5, 2025 As of Wednesday, February 5, 2025, the exchange rate for the U.S. dollar to Nigerian naira in the Lagos parallel... Read more »

Naira Appreciates Against Dollar On Black Market

The naira appreciated against the dollar at the parallel foreign exchange market to close Monday’s trading. A Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, told DAILY POST that... Read more »

Nigeria’s External Reserves Drop By $1.19bn In 3 weeks

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to the Central Bank of Nigeria, CBN, gross external reserves data. According to the... Read more »

Black Market Dollar (USD) To Naira (NGN) Exchange Rate

Black Market Dollar to Naira Exchange Rate on Sunday, February 2, 2025 According to sources from Bureau De Change (BDC), the current exchange rate in the Lagos Parallel Market (commonly known as... Read more »

Exchange Rate Appreciates By N63 To Seven-month High

In January 2025, Nigeria’s exchange rate experienced a significant improvement, with the naira gaining N63.72 per dollar to close at N1,474.78 on January 31. This 4.14% appreciation marked the highest level reached... Read more »

Current Black Market Dollar (USD) To Naira (NGN) Exchange Rate 

The black market (parallel market) exchange rate for the US Dollar (USD) to Nigerian Naira (NGN) on Saturday, February 1, 2025 is as follows: This rate is based on transactions at the... Read more »

Naira Surges Against Dollar, Posts Significant Week-on-Week Gains

The Nigerian Naira recorded a strong performance against the US dollar over the past week, appreciating in both the official and parallel foreign exchange markets. From Monday, January 27, 2025, to Friday,... Read more »

CBN Approves Inclusion of CFA in Nigeria’s Export Proceeds Settlement

The Nigeria Export Promotion Council (NEPC) has confirmed that the Central Bank of Nigeria (CBN) has approved the inclusion of the CFA Franc on Nigeria Export Proceeds (NXP) forms to facilitate the... Read more »

Current Exchange Rate: U.S. Dollar to Nigerian Naira (Black Market & CBN Rates)

As of February 1, 2025, the exchange rate for the U.S. dollar to the Nigerian naira in the parallel (black) market is as follows: These rates may differ slightly depending on location... Read more »

Price Of Bag Of Rice, Beans, Tomatoes, Other Food Commodities This Week

As of January 31, 2025, Nigeria continues to experience a sharp rise in the prices of staple food items, a trend that has worsened over the past year. The rising costs have... Read more »

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