News Update
As of January 24, 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.
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A quick check at the parallel market at Abuja Zone 4 market,as at January 24, 2025, the black market exchange rate stands firmly at approximately N1,650.00 per USD. This means if you want to buy a dollar now, it is N1,650.00 while if you want to sell it is approximately N1,640.00.
Meanwhile, EURO to Naira Rates A quick check at the parallel market at Abuja Zone 4 market,as at January 24, 2025 , the black market exchange rate stands firmly at approximately N1,690.00 per USD.
Also, looking at the market now, the Great Britain pounds stands firmly, if you want to buy a pounds now, it is N1,650.00.
Please be aware that the parallel market or the black market rates are mostly and notably higher compared with what you get from the official market or CBN rate.
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