The article details the current dollar-to-naira exchange rate in the black market (parallel market) as of July 15th, 2026.According to sources at Bureau De Change (BDC), Lagos Parallel Market players are selling one dollar for ₦1420 and buying it at ₦1405.This rate is separate from the Central Bank of Nigeria's (CBN) official rates, which are not recognized in the parallel market.The CBN advises individuals to approach banks for forex transactions instead of engaging in black market activities.The article also mentions that exchange rates may vary depending on where you transact, with the CBN's highest rate at ₦1381 and lowest at ₦1378.It highlights the importance of verifying rates from reliable sources due to fluctuations.

The piece serves as a guide for those seeking to understand the current market dynamics between USD and NGN, emphasizing the risks and realities of black market trading in Nigeria.