For those tracking the foreign exchange market, here is an update on the black market Dollar to Naira exchange rate. This information is current for December 14th, 2025.
You can exchange your United States Dollar for Naira at these rates in the parallel market.
Current Black Market Dollar to Naira Rates
On Sunday, December 14th, 2025, the Lagos parallel market reported specific exchange figures. Black market operators were selling one dollar for ₦1482. They were buying the dollar at ₦1475.
These figures come from reliable Bureau De Change (BDC) sources. This provides a snapshot of the informal currency market.
CBN’s Stance on the Parallel Market
It is important to note the Central Bank of Nigeria (CBN) does not recognize the parallel market. Often referred to as the black market, this segment operates outside official channels.
The CBN has consistently advised individuals seeking foreign exchange to use official banking channels. They direct all Forex transactions through recognized financial institutions.
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