For individuals seeking to exchange foreign currency, the parallel market, commonly known as the black market, remains a key source for Dollar to Naira rates in Nigeria.
Dollar to Naira Black Market Rate: December 14, 2025
As of Saturday, December 13, 2025, sources within the Bureau De Change (BDC) community in Lagos reported specific exchange rates for the United States Dollar against the Nigerian Naira.
In the Lagos parallel market, operators were selling one U.S. dollar for ₦1482. They were buying the dollar at ₦1475.
Central Bank of Nigeria’s Stance
It is important to note the official position of the Central Bank of Nigeria (CBN). The CBN does not officially recognise the parallel market. The bank consistently advises individuals and businesses to conduct all foreign exchange transactions through their respective commercial banks.
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