Dollar to Naira Exchange Rate on May 8th, 2026

On May 8th, 2026, the exchange rate for the dollar to naira in Nigeria shows a black market rate of 1,398 naira per dollar. The swap dollar to naira exchange rate is reported at 1,387 naira.

The article emphasizes that the parallel market is not recognized and advises individuals to approach banks for currency exchange. It is noted that direct engagement with the black market is discouraged.