Dollar To Naira Exchange Rate Today, January 27th, 2026

Dollar To Naira Exchange Rate Today, January 27th, 2026
CBN official rate ranges between ₦1415 and ₦1422
Forex demand sustains parallel market activity

The dollar to naira exchange rate remains a key issue for Nigerians as demand for foreign exchange continues to outpace supply across official and unofficial markets.

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EKO HOT BLOG reports that many individuals and businesses closely track the black market, also known as the parallel market or Aboki FX, due to ongoing challenges in accessing dollars through banks.

What is the dollar to naira exchange rate at the black market today?
Find below the black market dollar to naira exchange rate for Tuesday, January 27, 2026. Rates may vary slightly depending on location and transaction volume.

How much is a dollar to naira today in the black market?
According to information from Bureau De Change operators in Lagos, the dollar is sold at ₦1490 and bought at ₦1482 in the parallel market.

The Central Bank of Nigeria does not recognize the black market and has consistently advised Nigerians who need foreign exchange to approach their banks through official channels.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN)	Black Market Exchange Rate
Selling Rate	₦1490
Buying Rate	₦1482

Meanwhile, the official exchange rate published by the Central Bank of Nigeria shows a lower trading range, reflecting regulated forex transactions within the banking system.

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN)	CBN Exchange Rate
Highest Rate	₦1422
Lowest Rate	₦1415

Despite repeated warnings from the apex bank, the parallel market remains active due to strong demand for dollars from importers, travelers and businesses.

Please note that the rates at which you buy or sell foreign exchange may differ from what is stated here, as prices change frequently based on market forces.