Dollar to Naira Exchange Rate Update for February 28, 2026

The article provides information on the dollar to naira exchange rate for February 28, 2026. It mentions that the black market exchange rate for the dollar was 1380 naira for sellers and 1360 naira for buyers as of February 27, 2026.

The article notes that these rates are sourced from the black market and emphasizes that the parallel market is not recognized by official banking channels. It suggests that individuals looking to engage in currency exchange should approach the banks with respect, indicating a distinction between official and black market rates.