For those tracking the foreign exchange market, here is an update on the black market dollar to naira rates. These figures are for Saturday, November 30th, 2025. You can use these rates if you wish to exchange your foreign currency.
Dollar to Naira Rates in Lagos Parallel Market
On Saturday, November 30th, 2025, the Lagos Parallel Market (black market) experienced specific exchange rates. According to sources from Bureau De Change (BDC) operators, the dollar was sold at ₦1468. Conversely, operators bought dollars at ₦1460.
It is crucial for the public to understand the Central Bank of Nigeria’s (CBN) official stance. The CBN does not officially recognize the parallel market. It continues to advise individuals seeking foreign exchange to transact through recognized banks.