Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 20th February 2025

Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 20th February 2025.

 

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 N1700 on Thursday, February 20th, 2024, 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 Wednesday, February 20th, 2024.

 

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 Lagos

Dollar to Naira (USD to NGN)	Black Market Exchange Rate Today
Buying Rate	N1585
Selling Rate	N1590

Dollar to Naira Black Market Rate FCT, Abuja

Dollar to Naira (USD to NGN)	CBN Rate Today
Buying Rate	N1585
Selling Rate	N1590

Please note that the rates you buy or sell forex may differ from what is captured in this article because prices vary from state to state across Nigeria.