Dollar to Naira Exchange Rate Today (Black Market & CBN) – January 21, 2026

The dollar-to-naira exchange rate remains a key concern for individuals and businesses monitoring Nigeria’s foreign exchange market.

Black Market (Parallel Market) Rate

At the Lagos parallel market, popularly known as the black market or Aboki FX, the exchange rate on Tuesday, January 20, 2026, stood as follows, according to Bureau De Change (BDC) sources:

Selling rate: ₦1,498 per dollar

Buying rate: ₦1,482 per dollar


This means traders sold one US dollar for ₦1,498 and bought it at ₦1,482.

It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market. The apex bank has consistently advised Nigerians seeking foreign exchange to conduct transactions through licensed banks and official channels.

Official CBN Exchange Rate

According to data from the Central Bank of Nigeria, the official dollar-to-naira rates are:

Highest rate: ₦1,421 per dollar

Lowest rate: ₦1,418 per dollar


Important Notice

Foreign exchange rates may vary slightly depending on location, demand, and market forces. As a result, the actual buying or selling price you encounter may differ from the figures reported here.

For daily updates on the dollar-to-naira exchange rate and other financial news, stay connected with Naija News.