The article details the current dollar to naira exchange rate in the black market (Aboki fx) for July 20th, 2026.According to sources at Bureau De Change (BDC), Lagos Parallel Market players are selling a dollar for ₦1425 and buying at ₦1413.This rate differs from the Central Bank of Nigeria (CBN) official rate, which is not recognized for parallel market transactions.The CBN advises individuals to engage in forex through their banks instead of the black market.The article also mentions that the CBN's official rates range from ₦1378 to ₦1382, but actual rates may vary depending on the market.

The piece highlights the importance of understanding both black market and official rates, noting that prices fluctuate and may not match the figures provided.It serves as a guide for those seeking to exchange currency, emphasizing the need to be cautious and informed about the different rates available.The author, George Oshogwe Ogbolu, provides this information to help readers navigate the complexities of the foreign exchange market in Nigeria.