Dollar to Naira Exchange Rate Update for March 6, 2026

On March 6, 2026, the dollar to naira exchange rate in Nigeria reflects a black market selling rate of 1,410 naira per dollar, with a buying rate of 1,395 naira. This information was reported on March 5, 2026.

The article emphasizes that the parallel market is not acknowledged by official banking institutions, indicating a distinction between the black market rates and those recognized by banks. It is important for individuals engaging in currency exchange to approach these transactions with caution, as the black market operates outside the regulatory framework of the banking system.