News Update

As of January 3, 2025, the Nigerian Naira (NGN) has continued to experience some level of volatility against the US Dollar (USD), while this has been the norm for decades now, this largely to some extent reflects the ongoing economic challenges.

See the Naira performance across various currencies

A quick check at the parallel market at Abuja Zone 4 market,as at January 3, 2025 , the black market exchange rate stands firmly at approximately N1,660 per USD. This means if you want to buy a dollar now, it is N1,660 while if you want to sell it is approximately N1,640.

Meanwhile, If you want to buy a pound now you will buy it for 2110 Naira Black Market Rate.

If you have A Pound rught now, you will exchange it for 2060.

Also, for EURO, the black market exchange rate stands firmly at approximately N1,714 per USD. This means if you want to buy a dollar now, it is N1,714 while if you want to sell it is approximately N1,690.