BrandNewsDay Nigeria has obtained the official naira black market exchange rate in Lagos and FCT, Abuja today including the Black Market rates, Bureau De Change (BDC), and CBN rates.
According to Bureau De Change (BDC) sources in the Ogba and Ikeja axis of Lagos state, the exchange rate for a dollar to naira at the Parallel Market (Black Market) was N1650 on Sunday, December 29, 2024, players bought a dollar for N1650 and sold it for N1660.
Bureau De Change (BDC) sources in Gwarimpa and Gwagwalada in FCT buy a dollar for N1660 and sell it for N1760 on Sunday, December 29, 2024.
Meanwhile, as of 27 December 2024, the Dollar to Naira CBN rate is N1,550 on the Central Bank of Nigeria website. Showing a difference of about N100 to the Blac Market Dollar to Naira rate.
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1650 |
| Selling Rate | N1660 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1660 |
| Selling Rate | N1670 |
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