Get the latest black market exchange rates for the US Dollar to Nigerian Naira as of December 10th, 2025. Here’s how you can swap your dollars for Naira today.
Dollar to Naira Black Market Rate Today
Sources from Bureau De Change (BDC) operators in the Lagos parallel market, also known as the black market, report today’s exchange rates. As of Wednesday, December 10th, 2025, dealers are selling one US Dollar for ₦1487. They are buying the dollar at ₦1480.
CBN’s Stance on the Parallel Market
It is crucial to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN consistently advises individuals seeking foreign exchange to transact through their registered banks.
This comes as the gap between parallel and official dollar rates has reportedly narrowed. Recent reforms by the Central Bank of Nigeria appear to be fostering a calmer market environment.