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See Black Market Dollar To Naira Exchange Rate Today 14th May 2026

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The Black Market Dollar-to-Naira Exchange Rate for 14th May 2026 Can Be Accessed Below.
IMPORTANT NOTE: The exchange rate changes hourly. It depends on the volume of dollars available and the Demand.

This means…you can buy or sell 1 dollar at a certain rate, and the price can change (high or low) within hours.

The official naira black market exchange rate in Nigeria today, including the Black Market rates, Bureau De Change (BDC), and CBN rates.

Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market.
What’s the dollar to naira black market today, 14th May 2026?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1398 and buy at ₦1388 on Thursday, 14th May, 2026, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks

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Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1398
Buying Rate ₦1388
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1376
Lowest Rate ₦1367

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Economy

No delay at ports, Apapa Customs comptroller warns officers

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The Customs Area Controller (CAC), Nigeria Customs Service Apapa Area Command, Comptroller Emmanuel Oshoba, has charged officers and men of the command to intensify revenue generation, strengthen anti-smuggling operations, and uphold professionalism and discipline in the discharge of their duties.

The Area Controller stressed the need for increased operational interventions across terminals to block revenue leakages while ensuring seamless trade facilitation and timely cargo clearance.

In a statement signed by the Public Relations Officer of the Apapa Area Command, Chief Superintendent of Customs, Isah Sulaiman, Oshoba gave the charge during the command’s monthly parade held on Tuesday at the command headquarters in Apapa, Lagos.

“Officers must protect the reputation of the Service. That is why any delay by any officer concerning any consignment will not be tolerated, even at the gates. If a consignment is duly exited, there should be no delay at the gates,” he said.
He also urged officers to remain accessible and professional in their dealings with stakeholders.

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“You must make yourselves accessible to our stakeholders, and we must avoid actions capable of tarnishing the good image of the Service and the good work being done by the CGC and members of his management team. We should not be seen as clogs in the wheel of progress,” Oshoba added.
The CAC further called for heightened vigilance against smuggling activities, especially illicit drugs and prohibited items, while warning officers against misconduct and improper dressing.
The highlight of the parade was the recognition of outstanding officers and units for exemplary service.

Assistant Comptroller of Customs, Ismail Mohammed, emerged as the Most Outstanding Officer of the Month, while CSC Augustine Ondoma, ASCI Bukola Olaleye, and IC Olalekan Salawu were recognised for professionalism, innovation, and punctuality, respectively.
Similarly, officers of APM Terminal received the Excellence Award on Enforcement, while officers of ECO SUPPORT Terminal received the Excellence Award on Revenue Generation.

Oshoba said the award initiative was introduced to encourage hard work, excellence, professionalism, and healthy competition among officers and units of the command.

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Economy

CBN Forex Intervention Trigger New Changes In Dollar To Naira Exchange Rate May 13, 2026

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The Nigerian naira traded within a relatively stable range on Wednesday, May 13, 2026, as the Central Bank of Nigeria (CBN) continued interventions in the foreign exchange market.

Market analysts linked the recent stability to improved dollar inflows from exporters, foreign investors, and oil companies. In addition, the narrowing gap between the official and parallel market rates has boosted confidence in the forex market.

Meanwhile, traders said demand for foreign exchange remains high due to import payments, foreign tuition fees, medical expenses, and travel-related transactions.

Nigeria Exchange Rates – Wednesday, May 13, 2026

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Currency Official Market Rate (₦) Parallel / Black Market Rate (₦) Mid-Market / Indicative Rate (₦)
US Dollar (USD) ₦1,355 – ₦1,365 ₦1,395 – ₦1,410 ₦1,360
Euro (EUR) ₦1,470 – ₦1,490 ₦1,590 – ₦1,630 ₦1,525
British Pound (GBP) ₦1,710 – ₦1,740 ₦1,850 – ₦1,900 ₦1,790
Chinese Yuan (CNY) ₦188 – ₦192 ₦195 – ₦202 ₦190
Japanese Yen (JPY) ₦9.7 – ₦10.1 ₦10.4 – ₦10.8 ₦10.0
Canadian Dollar (CAD) ₦995 – ₦1,020 ₦1,050 – ₦1,085 ₦1,015
Swiss Franc (CHF) ₦1,480 – ₦1,510 ₦1,560 – ₦1,610 ₦1,520
Saudi Riyal (SAR) ₦360 – ₦365 ₦372 – ₦380 ₦364
UAE Dirham (AED) ₦365 – ₦370 ₦378 – ₦385 ₦368
Market Insight

Financial analysts believe the recent appreciation of the naira reflects stronger forex liquidity and improving investor confidence in Nigeria’s official FX market.

However, experts warned that inflation, global oil prices, and external economic pressures could still affect the naira in the coming weeks.

Important Notice

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Exchange rates may vary depending on location, transaction volume, and market conditions. Therefore, rates quoted by banks and Bureau de Change operators could differ slightly during the day.

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Economy

Nigeria meets 99.2% of OPEC crude oil production in April

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that in April 2026, Nigeria met 99.2% of its Organization of Petroleum Exporting Countries (OPEC) crude oil production quota of 1.5mb/d.

This was revealed in the X handle of the commission, which stressed that the output rose to 1.48b/d of crude oil and 174,873b/d of condensate.

The total crude oil and condensate production, according to NUPRC, was 1.66mb/d.

“Nigeria’s production increased in the month of April to 1,488,540 barrels of crude oil and 174,873 barrels of condensates totaling 1, 663, 413 barrels per day. This implies that Nigeria met 99.2% of its 1.5mbpd OPEC quota of crude oil.”

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The report revealed the that the figure also represents a 7.58% increase when compared to the month of March. NUPRC said the peak production in April was 1.85mbpd while the lowest production for the month was 1.46mbpd.

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