Here is today’s update on the US Dollar to Nigerian Naira exchange rate in the parallel market. According to Bureau De Change (BDC) sources, the black market rates for Friday, November 7, 2025, show the US Dollar selling for ₦1469 and buying at ₦1445.
Forex traders operating in Lagos parallel markets confirmed these rates. Individuals looking to exchange currencies should note these prevailing figures. The Central Bank of Nigeria (CBN) maintains its stance against parallel market transactions. The banking regulator directs all forex activities through authorized financial institutions.
CBN regulations expressly exclude recognition of black market rates. The bank advises Nigerians requiring foreign exchange services to approach their commercial banks. This policy aims to stabilize Nigeria’s currency markets and regulate forex flows.
About the Author
