Aboki Naira to Dollar Black Market Exchange Rate Today, 12th January 2026
The Aboki (parallel/black market) exchange rate for the US Dollar to Nigerian Naira on January 12, 2026, shows continued stability in the early days of the new year, with minor fluctuations driven by post-holiday demand and ongoing importer activities.
According to aggregated reports from Bureau de Change (BDC) operators and popular Aboki tracking sources in major cities, including Lagos, Abuja, Kano, and Port Harcourt, the black market rate today stands approximately as follows:
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- Selling rate (how much Naira you pay to buy $1): ₦1,500 – ₦1,505
- Buying rate (how much Naira dealers pay you for $1): ₦1,485 – ₦1,495
This represents a slight upward tick from mid-week levels around ₦1,495 (selling) reported on January 9–10, reflecting modest pressure from seasonal forex needs. Rates can vary slightly by location, transaction size, and individual dealer, and are subject to intraday changes.
In comparison, the official rate at the Nigerian Foreign Exchange Market (NFEM), monitored by the Central Bank of Nigeria (CBN), trades at a stronger level. Recent data indicates the Naira at around ₦1,426 per $1 as of January 12, 2026, with the parallel market maintaining a premium of roughly 5–6%.
This gap has narrowed over recent periods due to improved forex liquidity, higher external reserves (above $45 billion at end-2025), and supportive oil revenues. Market analysts note that the Naira’s resilience entering 2026 stems from enhanced FX inflows and CBN policies aimed at unification and stability.
However, experts caution that rates remain sensitive to global oil prices, import demands, and external economic factors. The CBN continues to advise using authorized banking channels for forex transactions to reduce risks associated with the informal market.
For the most precise and up-to-the-minute quotes, individuals should consult reputable local BDC operators or trusted platforms like Aboki Forex trackers, as parallel market figures evolve rapidly.
Stay tuned for further developments in Nigeria’s forex landscape.
