Post 4: Naira to Dollar Black Market Exchange Rate Today (August 2025)

📌 Introduction: If you’re sending or receiving money in Nigeria, you need the latest dollar to naira black market rate. As of August 18, 2025, here’s what’s happening: 1. Official CBN Rate • $1 = ₦1,230 2. Black Market (AbokiFX) Rate • $1 = ₦1,490 – ₦1,510 (depending on location: Lagos, Abuja, Port Harcourt). 3.Why the Difference? • High demand for USD • Limited supply from banks • Importers & travelers relying on parallel market Conclusion Always check daily updates before buying or selling forex. Bookmark this blog to get the latest naira to dollar rates in Nigeria every day. ________________________________________