What Is the Dollar to Naira Exchange Rate at the Black Market (Aboki FX)?
Here is the Dollar to Naira exchange rate at the parallel market, popularly known as the black market (Aboki fx), for Tuesday, April 23, 2025.
You can exchange your dollars for naira at the following rates:
Black Market Exchange Rate (Lagos – April 23, 2025):
According to sources at the Bureau De Change (BDC), the exchange rate at the Lagos parallel market saw traders buying at ₦1610 and selling at ₦1620 per US dollar.
It’s important to note that the Central Bank of Nigeria (CBN) does not recognize the black market. The CBN advises individuals seeking foreign exchange transactions to do so through their banks.
Dollar to Naira Exchange Rates
Market Type Buying Rate Selling Rate
Black Market ₦1610 ₦1620
CBN Official Rate ₦1591 (Low) ₦1606 (High)
Note: Forex rates vary across dealers and regions, and actual rates may differ from those listed.
Meanwhile, the Nigeria Customs Service (NCS) has announced the seizure of 298 smuggled items worth ₦7.6 billion between January and March 2025. The NCS also disclosed that it generated a total revenue of ₦1.75 trillion in the first quarter of the year.