News Update

THE exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known as black market, as of 25th April 2025, is out.

This rate is often sourced from the latest data provided by Bureau De Change (BDC) operators.

As of today, 25th April 2025, the black market buying rate for the US dollar is N1,600 while the selling rate is N1,610.

Also, the black market, the Central Bank of Nigeria (CBN) maintains an official exchange rate. Today, the CBN rate for one dollar is N1,602.63.

For other major currencies in the black market:

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British Pound Sterling (GBP): Buying at N2000 selling at N2020.

Euro (EUR): Buying at N1,655 selling at N1,675.

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