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Naira Dips Further – Black Market Now Sells at ₦1,565 to the Dollar”
Below is the black market (parallel market) exchange rate for the U.S. dollar to the Nigerian naira as of Friday, June 27, 2025. These are the rates at which you can exchange your dollars for naira today.....KINDLY READ THE FULL STORY HERE▶
Black Market (Aboki FX) Dollar to Naira Rate Today:
According to sources at the Bureau De Change (BDC) in Lagos, traders are buying dollars at ₦1570 and selling at ₦1580 per $1 on the parallel market.Note: The Central Bank of Nigeria (CBN) does not recognize the black market and has advised all foreign exchange transactions be conducted through licensed financial institutions such as commercial banks.
Dollar to Naira Exchange Rates Summary (June 27, 2025)
| Market Type | Buying Rate | Selling Rate |
|---|---|---|
| Black Market | ₦1570 | ₦1580 |
| CBN Official Rate | Highest | Lowest |
|---|---|---|
| ₦1547 | ₦1535 |
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