NewsOnline 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) is N1590 on Saturday, March 08, 2025, players bought a dollar for N1585 and sold it for N1590.
Bureau De Change (BDC) sources in Gwarimpa and Gwagwalada in FCT buy a dollar for N1585 and sell it for N1590 on Saturday, March 08, 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 (USD to NGN) | Black Market Exchange Rate Today |
| Buying Rate | N1585 |
| Selling Rate | N1590 |
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate | N1585 |
| Selling Rate | N1590 |
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