Aboki Naira to Dollar Black Market Exchange Rate Today, 10th January 2026

As of Saturday, January 10, 2026, the Nigerian Naira continues to trade with relative stability in the parallel market (commonly known as the black market or Aboki rate), amid ongoing post-holiday demand and early-year economic activity.

Bureau de Change (BDC) operators, popularly referred to as “Aboki,” in major cities including Lagos, Abuja, Port Harcourt, and Kano, are quoting the US Dollar at approximately ₦1,495 per $1 for selling.

Buying rates are typically in the range of ₦1,480–₦1,490, depending on location, transaction volume, and dealer. This rate aligns closely with recent trends observed over the past few days:

• On January 9, 2026, the selling rate was reported around ₦1,495.
• Earlier in the week (January 7–8), quotes hovered between ₦1,485–₦1,495 for selling, reflecting minor fluctuations driven by importer demand for restocking after the festive season.

The parallel market premium persists despite Central Bank of Nigeria (CBN) efforts to unify rates and improve forex liquidity. In comparison, the official rate at the Nigerian Foreign Exchange Market (NFEM) remains stronger, generally trading in the ₦1,423–₦1,450 per $1 range (with recent averages around ₦1,440–₦1,465 based on available data), highlighting the CBN’s continued push to narrow the gap through enhanced reserves (which exceeded $45 billion at the end of 2025) and stable oil revenues.

Market analysts attribute the Naira’s resilience entering 2026 to improved foreign exchange inflows and supportive global oil prices. However, traders warn that rates can shift quickly due to seasonal pressures, import needs, and external factors.

The CBN maintains that it does not recognize the parallel market and advises individuals and businesses to use authorized banking channels for forex transactions to minimize risks. Note: Black market rates are indicative, vary by dealer, and can change rapidly. For the most accurate quotes, consult reputable local BDC operators or trusted real-time platforms. Always prioritize secure and verified transactions.

Stay informed as Nigeria’s forex landscape evolves in the new year! Rates compiled from multiple parallel market sources and updated as of early January 10, 2026.