The article reports on the current dollar-to-naira exchange rates in Nigeria's black market (Aboki fx) as of July 5th, 2026.According to sources at Bureau De Change (BDC), Lagos Parallel Market players are selling one US dollar for ₦1410 and buying it at ₦1395.This rate differs significantly from the Central Bank of Nigeria's (CBN) official rates, which range between ₦1369 and ₦1373.

The piece emphasizes that the CBN does not recognize parallel market transactions and advises individuals to engage with licensed banks for forex activities.It also notes that actual exchange rates may vary depending on the platform or broker used.The report provides historical data from previous days, showing fluctuations in both black market and official rates.

This information is crucial for businesses and individuals dealing with foreign currency, highlighting the challenges of navigating Nigeria's complex financial landscape.The article underscores the importance of transparency and regulation in forex markets while acknowledging the realities of parallel trading.