See the latest Dollar to Naira exchange rate for Thursday, April 10, 2025 on TJ News Nigeria.
Are you looking for the latest Dollar to Naira exchange rate for today, Thursday, April 10, 2025? Whether you’re buying or selling dollars, staying up-to-date with the current black market (Aboki FX) and CBN exchange rates can help you make better financial decisions. In this update, we break down the latest forex figures from trusted sources in the currency exchange market.
Dollar to Naira Black Market Rate – April 10, 2025
The Lagos parallel market, commonly referred to as the black market, remains the go-to spot for many Nigerians seeking accessible foreign exchange.
Today’s Black Market Rates:
| USD to NGN | Rate |
|---|---|
| Buying | ₦1,555 |
| Selling | ₦1,565 |
These rates were gathered from Bureau De Change (BDC) operators in Lagos. It is important to note that rates may vary slightly across different locations and dealers.
Also Read: Dollar to Naira Exchange Rate Today, Wednesday April 9, 2025 (Black Market & CBN Rates)
Disclaimer: The Central Bank of Nigeria (CBN) does not recognize the black market and encourages all forex transactions to be conducted through official banking channels.
Dollar to Naira CBN Rate – April 10, 2025
According to the most recent figures from the Central Bank of Nigeria (CBN), the exchange rate for the official market is as follows:
CBN Exchange Range:
| USD to NGN | Rate |
|---|---|
| Highest Rate | ₦1,634 |
| Lowest Rate | ₦1,589 |
These rates apply primarily to government-approved transactions and official forex dealings through commercial banks.
Why Do the Rates Differ?
The gap between the CBN rate and the black market rate often results from:
- Forex scarcity
- Import demands
- Government forex policies
- Dollar speculation in the open market
Many individuals and businesses rely on the parallel market due to limited access to dollars via banks or delays in official approvals.
What You Should Know
- Rates change frequently depending on market demand.
- It’s advisable to compare rates across trusted sources before making large transactions.
- For transparency and security, official channels are recommended.
Conclusion on Dollar to Naira Exchange Rate Today Thursday April 10, 2025
As of April 10, 2025, the Dollar to Naira exchange rate continues to reflect Nigeria’s dynamic forex environment. While the black market offers slightly more competitive rates for dollar sellers, the Central Bank’s directive remains clear—use regulated banks for all forex transactions. Keep checking daily for the most accurate updates and plan your currency exchanges wisely.
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