Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 14th January 2025

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

See the black market Dollar to Naira exchange rate for 13th January, below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1660 and sell at N1665 on Monday 13th January 2025, according to sources at Bureau De Change (BDC).

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 CBN Rate Today

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Meanwhile, the prices of refined petroleum products in Nigeria may increase soon as Brent crude, the global benchmark for oil, climbed to $79.76 per barrel on Sunday.

Naija News understands that the rise in crude prices, up from $72.88 in December 2024, is expected to impact fuel prices across depots nationwide.

Industry experts attribute the increase in Brent crude prices to geopolitical tensions, particularly sanctions on Russian oil exports, supply concerns, and seasonal demand spikes in colder regions. These factors have created upward pressure on global oil prices.

The Federal Government’s 2025 budget estimates crude oil at a benchmark price of $75 per barrel, underscoring the significance of the current surge.

Reports from various fuel depots reveal that diesel prices began climbing last week. The Nipco depot in Lagos recorded an increase of ₦70, moving from ₦1,050 to ₦1,120 per litre on Friday. Similarly, Prudent depot raised prices from ₦1,025 to ₦1,045 per litre.