Nigerians closely monitor the black market exchange rate between the US Dollar and the Naira. Here is the current rate for Wednesday, December 10th, 2025.
Sources from Bureau De Change (BDC) operators in Lagos reported the parallel market rates. On Wednesday, December 10th, 2025, they were selling the US Dollar at ₦1487. The buying rate stood at ₦1480.
The Central Bank of Nigeria (CBN) does not officially recognize the parallel market. It consistently advises individuals seeking foreign exchange to use official banking channels.
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