Dollar To Naira Exchange Rate Today, June 8th, 2026

• Dollar To Naira Exchange Rate Today, June 8th, 2026
• Black market shows higher demand pressure at ₦1,400 selling rate
• Exchange rate gap persists between CBN and parallel markets

The naira opened trading on June 8th, 2026, with continued pressure against the United States dollar across both the official and parallel foreign exchange markets in Nigeria.

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EKO HOT BLOG reports that at the parallel market, commonly referred to as the black market, the dollar exchanged at a selling rate of ₦1,400 while the buying rate stood at ₦1,390, reflecting sustained demand for foreign currency amid limited supply.

Market operators noted that rates have remained volatile due to ongoing forex scarcity and increased pressure from importers and businesses seeking dollars for transactions.

At the official market regulated by the Central Bank of Nigeria (CBN), the naira traded between ₦1,360 and ₦1,366, showing a relatively narrower spread compared to the parallel market but still reflecting persistent exchange rate instability.

Analysts say the gap between the official and black market rates continues to encourage informal trading activities, as demand for dollars outpaces available supply in the formal system.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

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