The Dollar to Naira black market exchange rate saw specific movements today. On Saturday, November 29, 2025, new figures emerged.
In Lagos, parallel market operators reported selling one US dollar for ₦1471. They bought dollars at ₦1462. These figures were reported by Bureau De Change (BDC) sources.
CBN’s Stance on Parallel Market
The Central Bank of Nigeria (CBN) does not recognize this parallel market. It has consistently advised individuals seeking foreign exchange to use official banking channels. This directive encourages a more regulated forex environment.
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