Nigerians observed the black market (parallel market) Dollar to Naira exchange rate for Tuesday, November 25, 2025.
This report outlines the buy and sell rates for the US Dollar. It reflects its value against the Naira on that day.
Parallel Market (Black Market) Dollar to Naira Rates
The Lagos Parallel Market, or black market, recorded specific exchange rates.
These figures were confirmed by Bureau De Change (BDC) sources.
On November 25, 2025, parallel market operators sold one US Dollar for ₦1465.
They purchased dollars from individuals at a rate of ₦1455.
Central Bank of Nigeria’s Position on Parallel Market
It is important to remember the official stance of the Central Bank of Nigeria (CBN).
The CBN does not officially recognize the parallel market.
The apex bank consistently advises individuals seeking foreign exchange to transact through commercial banks.