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Dollar to Naira Exchange Rate Today June 6.
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CBN official range: ₦1545 – ₦1560 per dollar.
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Forex buyers urged to use banks, not parallel market.
The dollar to naira exchange rate continues to fluctuate in Nigeria’s foreign exchange markets, with a notable gap between official and parallel market rates.
Black Market (Aboki FX) Rate – June 6, 2025
According to sources from the Bureau De Change (BDC) in Lagos, the dollar is being bought at ₦1580 and sold at ₦1590 in the black market today, Thursday, June 6, 2025.
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EKO HOT BLOG reports that this rate remains outside the regulatory control of the Central Bank of Nigeria (CBN), which has repeatedly warned against dealing in the parallel market and encouraged individuals to conduct foreign exchange transactions through authorized financial institutions.
CBN Official Rate – June 6, 2025
As per the official CBN rates published today:
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Highest Rate: ₦1560
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Lowest Rate: ₦1545
The CBN’s intervention in the forex market aims to stabilize the naira and ensure uniformity, but the persistent demand-supply gap continues to sustain the relevance of the black market, particularly for personal and business remittances.
Rate Summary Table
| Dollar to Naira (USD to NGN) | Black Market Rate | CBN Rate |
|---|---|---|
| Buying Rate | ₦1580 | ₦1545 (Lowest) |
| Selling Rate | ₦1590 | ₦1560 (Highest) |
Please be aware that actual buying or selling rates may vary slightly depending on the dealer and location. The rates stated in this article serve as indicative figures based on market activity and verified sources.
