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Black Market Dollar To Naira Exchange Rate Today 5th January 2026

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The Black Market Dollar to Naira Exchange Rate for 5th 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.

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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, 5th January 2026?

The local currency (abokiFx) opened at ₦1,498.00 per $1 at the parallel market, also known as the black market, on Monday, 5 January 2026, in Lagos, Nigeria, after closing at ₦1,490.00 per $1 on Sunday, 4 January 2026.

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 ₦1490
Buying Rate ₦1498

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1429
Lowest Rate ₦1430

 

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.
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