Here is the latest black market exchange rate for the US dollar to the Nigerian naira as of Friday, November 14, 2025. According to Bureau De Change (BDC) sources, traders in Lagos parallel market are buying dollars at ₦1450 and selling at ₦1460.
Important note: The Central Bank of Nigeria (CBN) does not recognize parallel market rates for foreign exchange. The official banking regulator continues to direct individuals requiring forex transactions to approach authorized banking institutions.
These black market rates reflect currency trading activities outside official banking channels. Market conditions remain subject to fluctuation based on supply and demand dynamics in Nigeria’s informal forex sector.