Black Market Dollar to Naira Exchange Rate Today, October 9, 2025

Black Market Dollar to Naira Exchange Rate Today, October 9, 2025

As Nigeria’s currency market continues to experience sharp fluctuations, the exchange rate between the dollar and the naira remains a key focus for traders, business owners, and travelers alike. Eagles Sight News reports that many Nigerians are turning to the black market to determine the true market value of the naira amid persistent volatility in the official exchange window.

According to market source gathered on Naijanews the dollar to naira rate at the Lagos Parallel Market (popularly known as the Black Market or Aboki FX) stood as follows on Wednesday, October 8, 2025.

Dollar to Naira Black Market (Aboki FX) Rate

Traders at the Bureau De Change (BDC) quoted the U.S. Dollar at ₦1500 for selling and ₦1480 for buying, reflecting ongoing pressure on the local currency.

Please note that the Central Bank of Nigeria (CBN) does not recognize or regulate transactions conducted at the parallel market, advising individuals seeking foreign exchange to approach their banks or authorized dealers instead.

Dollar to Naira Exchange Rates Today

Please note that forex rates are subject to constant changes based on market forces and location, and the rates you buy or sell may differ slightly from those stated above.