By Kayode Sanni-Arewa
As of April 24th, 2024, the black market exchange rate for the dollar to naira in Lagos stood at N1280 for buying and N1300 for selling, according to sources at Bureau De Change (BDC)
It’s essential to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) for forex transactions. Individuals interested in forex dealings are directed to approach their respective banks. 
Dollar to Naira
Exchange Rates:
Black Market (Aboki Dollar Rate):
Buying Rate: N1280
Selling Rate: N1300
CBN Rate:
Buying Rate: N1277
Selling Rate: N1278
CBN Rate:
Buying Rate: N1277
Selling Rate: N1278.
Please note that actual buying or selling rates may vary from those mentioned here due to market fluctuations.
