The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the naira closed at 1342.54 per $1 on Tuesday, February 17th, 2026. The naira traded as high as 1353.15 to the dollar at the investors and exporters (I&E) window on Monday. This is brought to you by Bizwatch Nigeria.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at the Lagos Parallel Market (Black Market) shows that players are selling a dollar for ₦1,400 and buying at ₦1,380 on Monday, February 16, 2026, according to sources at Bureau De Change (BDC) operators.
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals and businesses seeking foreign exchange transactions to approach authorised banks and official forex channels.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Selling Rate | ₦1,400 |
| Buying Rate | ₦1,380 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1,353 |
| Lowest Rate | ₦1,342 |
Please note that the rates you buy or sell forex may differ slightly from what is captured in this article, as prices vary depending on transaction volume, location, and dealer margins.
For more updates on the foreign exchange market and Nigeria’s financial landscape, stay with BizWatch Nigeria.
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