Dollar to Naira Exchange Rate Update for May 1, 2026

The article provides information on the dollar to naira exchange rates as of May 1, 2026. It notes that the black market exchange rate for the dollar was 1,400 naira, while the rate for selling dollars was 1,385 naira on April 30, 2026.

The article emphasizes that the source does not recognize the parallel market or black market rates and advises individuals wishing to engage in currency exchange to approach banks for transactions.