Dollar to Naira Black Market Exchange Rate – July 18, 2026
The parallel market, often referred to as the black market or Aboki fx, continues to set its own Dollar to Naira rates independent of the official Central Bank of Nigeria (CBN) market.
Rates from Lagos Parallel Market (July 17, 2026)
According to traders at the Lagos Bureau De Change (BDC) on Friday, July 17, 2026, one United States dollar was being sold for ₦1,425 and bought for ₦1,412.
The Central Bank of Nigeria does not recognise the parallel market and advises individuals seeking foreign exchange to use their commercial banks or authorised dealers.
Readers are invited to share their thoughts on the current exchange rate trends in the comments section below.
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