Latest Black Market Dollar to Naira Rates
Lagos parallel market traders sold US dollars at ₦1465 and bought at ₦1455 on Tuesday, November 18, 2025. This data comes from Bureau De Change (BDC) sources monitoring currency movements.
These rates reflect the ongoing volatility in Nigeria’s unofficial forex market. Currency traders should note that exchange values fluctuate daily based on supply and demand.
CBN Position on Parallel Market
The Central Bank of Nigeria (CBN) maintains its stance against the black market. It does not recognize parallel market rates. The banking regulator directs all forex transactions to official banking channels.
Individuals and businesses seeking foreign exchange should approach authorized banks. The CBN continues to warn against the risks of unofficial currency trading.
Exchange rates remain subject to market forces. We advise verifying current rates through official banking partners before transactions.
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