Dollar to Naira Black Market Exchange Rate – July 7, 2026
According to Bureau De Change (BDC) sources in Lagos, the parallel market (commonly known as the black market or Aboki fx) quoted the following rates for the US dollar on Monday, 6th July 2026:
Buy rate: ₦1,402 per US dollar
Sell rate: ₦1,415 per US dollar
These figures reflect the amount traders were willing to pay to acquire a dollar and the price at which they were ready to sell one. Rates in the parallel market fluctuate frequently based on supply and demand.
The Central Bank of Nigeria (CBN) does not sanction the parallel market. It continues to urge individuals and businesses seeking foreign exchange to conduct transactions through their commercial banks or other authorized dealers.
For the most reliable and secure forex services, always refer to official bank rates or licensed bureau de change outlets.
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