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The Central Bank of Nigeria (CBN) has unveiled plans to roll out a fresh regulatory framework to streamline debit card issuance and improve Automated Teller Machine (ATM) operations across the banking sector.

CBN Governor, Olayemi Cardoso, disclosed this at an event held at the weekend.

Speaking through his Special Adviser, Fatai Karim, he said the move was aimed at addressing persistent cash access challenges and rebuilding public confidence in electronic payment platforms.

According to the apex bank, the proposed policy will require banks to properly align the number of debit cards they issue with the ATMs they deploy nationwide.

The measure, he explained, is expected to reduce congestion at ATM points, frequent machine downtime and uneven cash availability, which have continued to frustrate bank customers.

Karim noted that recurring ATM failures and cash shortages have weakened trust in digital payment channels, despite the rapid growth of electronic transactions in the banking system.

“Very soon, the Central Bank will be coming up with another policy to sanitise and improve the situation, particularly around how many cards banks issue relative to the number of ATMs they support,” he said.

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Can Be Accessed Below.
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.

What’s the dollar to naira black market today, 24th January 2026?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1490 and buy at ₦1482 on Saturday, 24th January, 2025, according to sources at Bureau De Change (BDC).

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The Black Market Dollar to Naira Exchange Rate for 23rd January 2026 Can Be Accessed Below.
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, 23rd January 2026?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1490 and buy at ₦1480 on Friday 23rd January, 2025, 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.

Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1490
Buying Rate ₦1480
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1423
Lowest Rate ₦1421