Unofficial USD to NGN Exchange Rate on September 6th, 2025
The exchange rate for US dollars to Nigerian naira on the black market in Lagos on September 6, 2025, was approximately 1 USD = 1,520 to 1,523 NGN, as reported by Bureau De Change (BDC).
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market. Individuals who wish to engage in Forex are directed by the CBN to approach their respective banks.
On Friday, 5th September, 2025, the buying rate at the CBN market was ₦1529, while the selling rate was not provided in the text. The lowest rate at the CBN market on this day was ₦1508.
The typical official/interbank mid-rate during this period was around 1 USD = 1,495 to 1,549 NGN, indicating that the black market rate was slightly higher than the official rates.
This information serves as a guide and the rates may vary in real-time. It is always advisable to verify the latest exchange rates from reliable sources before engaging in any financial transactions.
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