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Black Market Dollar to Naira Exchange Rates for July 26th, 2026
Photo: Naija News
2026-07-26 09:54   Economy   10

Black Market Dollar to Naira Exchange Rates for July 26th, 2026

The article reports on the current dollar-to-naira exchange rates in the black market (Aboki fx) as of July 25th, 2026.According to sources at Bureau De Change (BDC), Lagos Parallel Market players are selling dollars at ₦1415 and buying at ₦1406.

It's important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, advising individuals to engage with their banks for forex transactions.The article also mentions official CBN rates, with a highest rate of ₦1365 and lowest rate of ₦1359.However, actual buying or selling rates may vary due to market fluctuations.

The piece highlights the disparity between black market and official rates, emphasizing the risks and realities of informal currency exchange in Nigeria.It also includes author details and links to related articles on daily exchange rate updates.

Full reading at Naija News

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