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

The Nigerian Naira has shown signs of stability in the parallel market as traders kicked off activities on Tuesday, March 10, 2026. According to widely referenced sources tracking informal forex dealings, such as Aboki Forex platforms, the black market exchange rate for one US Dollar settled around ₦1,415 today.

This figure reflects the selling price in major commercial centers, including Lagos, Abuja, and other key hubs, with buying rates typically slightly lower, hovering around ₦1,410–₦1,415, depending on the dealer and transaction volume.

The parallel market rate remains closely aligned with official rates, with the Naira trading in the vicinity of ₦1,390–₦1,400 per dollar in recent sessions, keeping the premium between formal and informal channels minimal at roughly 1–2%.Market observers attribute the steadiness to sustained foreign exchange supply interventions by the Central Bank of Nigeria (CBN) through Bureau de Change operators, which have helped curb excessive speculation and narrowed the gap that once characterized the black market.

Demand for dollars continues to stem from importers, travelers, and small businesses, but pressures appear to be moderated compared to earlier volatility driven by external factors like global oil dynamics. For context, over the past few days, rates have fluctuated, with rates reaching similar levels over the weekend and into early March. Traders advise checking real-time quotes from trusted local dealers, as black market rates can vary slightly by location, time of day, and cash availability.

This convergence underscores ongoing efforts to unify Nigeria’s forex landscape, though participants remain watchful for any shifts in global economic sentiment or domestic policy announcements that could influence future movements. Always verify rates directly before transacting, as informal markets carry inherent risks.