The dollar to naira exchange rate at the black market, also known as the parallel market (Aboki FX), remains a key focus for many Nigerians.
As of Saturday, March 21, 2026, players at the Lagos parallel market are selling one US dollar for ₦1410 and buying at ₦1395, according to sources at Bureau De Change (BDC).
This means individuals looking to exchange dollars for naira in the black market can do so within this range.
It should be noted that the Central Bank of Nigeria (CBN) does not recognise the parallel market and has advised those seeking foreign exchange transactions to go through authorised banks.
At the official market, the CBN rate for the dollar to naira stands at a highest rate of ₦1362 and a lowest rate of ₦1349.