Dollar to Naira Black Market Exchange Rate Today, Tuesday, March 3rd 2026

The Dollar to Naira black market exchange rate continued its upward trend on Tuesday, March 3rd 2026, as demand for foreign currency intensified across Nigeria’s parallel forex market, as reported by InvestorsKing.

As of today, currency operators in the black market are buying the United States Dollar at ₦1,360 and selling at ₦1,370, reflecting a ₦10 spread between buying and selling rates.

The Dollar to Naira exchange rate remains one of the most closely watched economic indicators in Nigeria due to its direct impact on importation, tuition payments abroad, international travel, online subscriptions and business transactions.

How Much Is Dollar to Naira Today in Black Market?
For individuals and businesses asking, how much is dollar to naira today in black market, the prevailing parallel market rates are:

Buying Rate: ₦1,360 per $1

Selling Rate: ₦1,370 per $1

Although minor variations may occur depending on transaction volume and location, ₦1,360–₦1,370 is the dominant range observed in Lagos, Abuja and other major commercial hubs today.

The black market operates independently of the official foreign exchange window regulated by the Central Bank of Nigeria. Official exchange rate data and policy updates are available on the apex bank’s website at https://www.cbn.gov.ng.

Investorsking