As of January 28, 2025, reports indicate that in the Lagos parallel market, commonly known as the black market, the U.S. dollar is being bought at ₦1,630 and sold at ₦1,640. Please note that exchange rates can vary based on location and the specific Bureau De Change (BDC) operator. Additionally, the Central Bank of Nigeria (CBN) does not recognize the parallel market and advises individuals seeking foreign exchange to approach their respective banks.
Disclaimer: Exchange rates are subject to change and may vary between different sources and locations. It’s advisable to consult multiple sources or financial institutions for the most accurate and up-to-date information.