Dollar to Naira Black Market Rate – June 24, 2026
The black market, also known as the parallel market or Aboki FX, quoted the Dollar to Naira exchange rate on Wednesday, 24th June 2026 as follows:
Buying rate: ₦1385 per US Dollar
Selling rate: ₦1400 per US Dollar
These rates were reported by Bureau De Change (BDC) operators in Lagos. They reflect what traders are willing to pay for and receive when exchanging dollars for naira outside the official banking system.
The Central Bank of Nigeria (CBN) does not sanction the parallel market. It has repeatedly directed individuals and businesses seeking foreign exchange to use their respective banks for all forex transactions.
While the black market offers a quick alternative, users should be aware of the risks involved and consider the official channels for safer and regulated currency exchange.
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