Nigerian Latest News provides the most recent black market exchange rates for the Dollar against the Naira. Here’s an update on the Dollar to Naira rate for Friday, November 21st, 2025.
Dollar to Naira Black Market Rates (November 21, 2025)
Reports from Bureau De Change (BDC) sources in Lagos indicate specific parallel market rates for November 21st, 2025. Dealers were selling one US Dollar for ₦1470. Conversely, they were buying the Dollar at ₦1460 from individuals.
CBN’s Stance on the Parallel Market
It is crucial to note that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market (also known as the black market). The CBN consistently advises individuals seeking foreign exchange to transact through their registered commercial banks.
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