Dollar to Naira Black Market Exchange Rate – May 26, 2026
The black market (parallel market) dollar to naira exchange rate on Tuesday, May 26, 2026, was quoted at ₦1395 for buying a dollar and ₦1385 for selling a dollar, according to traders at Lagos Bureau De Change (BDC) outlets.
CBN Stance on the Parallel Market
The Central Bank of Nigeria (CBN) does not recognize the black market for foreign exchange. It advises individuals needing forex transactions to use their commercial banks instead of the parallel market.
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