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Dollar Soars to ₦1,615 on Lagos Streets—Naira Slumps Further in Parallel Market”
What is the current Dollar to Naira exchange rate on the black market (also known as the parallel market or Aboki fx)?....KINDLY READ THE FULL STORY HERE▶
Below is the black market exchange rate for the U.S. Dollar to Naira as of Monday, June 9th, 2025. These are the prevailing rates if you’re looking to exchange your dollars for naira through Bureau De Change (BDC) operators.
Dollar to Naira Black Market Rate (Aboki fx) – June 9, 2025
At the Lagos Parallel Market, the U.S. Dollar was bought at ₦1615 and sold at ₦1620, according to sources within the BDC network.
⚠️ Note: The Central Bank of Nigeria (CBN) does not officially recognize the black market. Individuals seeking foreign exchange are advised to use official banking channels.
Exchange Summary
| Rate Type | USD to NGN Rate |
|---|---|
| Black Market – Buying | ₦1615 |
| Black Market – Selling | ₦1620 |
| CBN Official – Highest | ₦1560 |
| CBN Official – Lowest | ₦1545 |
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