Stay informed on the latest dollar to naira exchange rates. This report details the black market figures for Tuesday, December 9th, 2025. These rates are crucial for individuals looking to swap foreign currency.
Current Black Market Exchange Rates (December 9, 2025)
On Tuesday, December 9th, 2025, the parallel market in Lagos recorded specific rates. Black market operators sold one U.S. dollar for ₦1495. They purchased dollars at ₦1480. These figures come from reliable Bureau De Change (BDC) sources.
CBN’s Position on Parallel Market Transactions
It is important to note the Central Bank of Nigeria’s (CBN) official position. The CBN does not recognize the parallel market. Instead, it advises individuals seeking foreign exchange to transact through official banking channels. This guidance aims to promote transparency and stability within the forex market.