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Black Market Alert: Lagos Dollar Rate Rockets Past ₦1,600—Today at ₦1,610/₦1,615”
Check out the black market exchange rate for the US Dollar to Naira as of Monday, 16th June 2025. Below are the current rates for exchanging your dollars in the parallel market:....KINDLY READ THE FULL STORY HERE▶
Black Market Dollar to Naira Exchange Rate (Aboki FX)
According to information from Bureau De Change (BDC) sources in Lagos:
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Buying Rate: ₦1,571
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Selling Rate: ₦1,595
These are the rates at which dollar transactions are being carried out on the parallel market (black market) in Lagos.
Note: The Central Bank of Nigeria (CBN) does not recognize the parallel market. It advises individuals seeking foreign exchange (forex) to use official channels via commercial banks.
Official CBN Dollar to Naira Exchange Rate
Here are the rates recorded on the CBN platform for the same day:
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Highest Rate: ₦1,555
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Lowest Rate: ₦1,541
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