Dollar to Naira Exchange Rate Update for April 28, 2026

On April 28, 2026, the exchange rate for the dollar to naira in Nigeria shows a black market rate of 1,400 naira for one dollar, while the swap rate is reported at 1,390 naira. The article notes that this information is based on data from April 27, 2026.

It is important to highlight that the article states the parallel market, or black market, is not recognized by banks, and individuals seeking to engage in currency exchange should approach banks directly. The mention of specific rates reflects the ongoing fluctuations in Nigeria's currency market, which is influenced by various economic factors.