Dollar to Naira Black Market Rate on June 26, 2026
The black market, also known as the parallel market or Aboki fx, remains a key reference point for many Nigerians looking to exchange foreign currency. On Thursday, June 25, 2026, traders at the Lagos Parallel Market were selling one US dollar for ₦1,400 and buying it back at ₦1,388.
These rates reflect the prevailing supply and demand dynamics in the informal FX segment. While they provide a snapshot of market sentiment, they are not official rates.
The Central Bank of Nigeria (CBN) does not recognise the parallel market. The bank has repeatedly advised individuals and businesses seeking foreign exchange to conduct transactions through licensed banks and authorised bureaus de change.
For those who need foreign currency for travel, imports, or other legitimate purposes, using the official banking channel ensures compliance with regulatory guidelines and helps avoid potential legal complications.
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