Check the black market dollar to naira exchange rate today, 27 February 2026. See the latest Aboki FX rate, buying and selling prices, and how the naira is performing against the US dollar.
According to sources from the Lagos Bureau De Change (BDC) market, the dollar is being bought at ₦[1,365] and sold at ₦[1,375] today.
Here is a breakdown of today’s exchange rate.
Black market dollar to naira exchange rate today:
Note: Rates may vary depending on location and dealer.
Official CBN Dollar to Naira Exchange Rate Today:
According to the Central Bank of Nigeria (CBN), the official exchange rate for the dollar today stands at:
| Dollar to Naira (USD to NGN) | CBN Rate Today |
| Buying Rate of $1 | ₦1,358 |
| Selling Rate of $1 | ₦1,359 |
This is different from the parallel market rate because the CBN regulates official forex transactions through banks.
Dollar to Naira Rate in Lagos Black Market:
In major forex hubs like Lagos Island, Abuja, and Kano, the dollar rate may vary slightly depending on supply and demand. Traders advise buyers to confirm rates before making transactions.
Why the Naira Is Rising or Falling:
Experts attribute today’s movement to:
• Increased demand for foreign currency
• Import payment pressures
• CBN forex interventions
• Speculative trading activities
The naira remains sensitive to economic policies and global oil prices.
Frequently Asked Questions:
What is the dollar to naira black market rate today?
The dollar is selling at ₦[1,375] and buying at ₦[1,365] in the parallel market today, [27 February 2026].
What is the official dollar rate today?
The official CBN exchange rate is ₦[1,359] per dollar.
Is black market rate higher than official rate?
Yes, the parallel market rate is usually higher due to demand and limited forex supply.
Conclusion:
The black market dollar to naira exchange rate today, [27 February 2026], reflects ongoing pressure in Nigeria’s forex market. As the naira fluctuates, traders and businesses continue to monitor daily movements closely.
Bookmark this page for daily updates on the latest dollar to naira exchange rate.
