Connect with us

Business

Black Market Dollar To Naira Exchange Rate Today 1st January 2026

Published

3 weeks ago

on

Dollar To Naira Exchange Rate

The Black Market Dollar to Naira Exchange Rate for 1st January 2026 Can Be Accessed Below.

IMPORTANT NOTE: The exchange rate changes hourly. It depends on the volume of dollars available and the Demand. This means…you can buy or sell 1 dollar at a certain rate, and the price can change (high or low) within hours.

READ ALSO: AFCON 2025: Checkout Full List Of Teams That Qualified For Round Of 16

 

Newsrain Nigeria has obtained the official naira black market exchange rate in Nigeria today, including the Black Market rates, Bureau De Change (BDC), and CBN rates.

Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market.

What’s the dollar to naira black market today, 1st January 2026?

The local currency (abokiFx) opened at ₦1,490.00 per $1 at the parallel market, also known as the black market, on Thursday, 1 January 2026, in Lagos, Nigeria, after closing at ₦1,480.00 per $1 on Wednesday, 31 December 2025.

 

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 Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1480
Buying Rate ₦1490

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1434
Lowest Rate ₦1435
Disclaimer:NEWSRAIN NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the FMDQOTC website. Parallel market rates (black market rates) are obtained from various sources, including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.
Related Topics: