Dollar to Naira Rate Today: Black Market and CBN Rates for March 5, 2026

If you are looking to swap currency today, the exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN) remains a key focus. 

As of today, March 5, 2026, rates in the black market (parallel market) show a slight difference from the official banking rates.

Currently, in the Lagos parallel market, traders are buying and selling at the following rates:

(Buying Rate): ₦1,360

(Selling Rate): ₦1,380

The Central Bank of Nigeria (CBN) maintains a different window for Forex. Their current rates are:

Highest Rate: ₦1,400

Lowest Rate: ₦1,382                                                                                                                                    

The CBN does not recognize the black market. For official transactions, they advise all citizens to visit their local banks.