Aboki Naira to Dollar Black Market Exchange Rate Today, 13th July 2026

The Nigerian naira continued to face pressure in the black market today, with the dollar trading at approximately ₦1,435 for selling and ₦1,427 for buying, according to widely tracked Aboki forex rates.

Market participants reported a modest uptick in the parallel exchange rate compared to recent sessions, reflecting ongoing demand for foreign currency amid persistent liquidity challenges in the economy.

Currency dealers in major cities like Lagos and Abuja noted steady activity, with buyers seeking dollars for imports and personal transactions as the gap between official and unofficial rates lingered around ₦50 to ₦60.

The Central Bank of Nigeria’s official window showed the greenback hovering near ₦1,381, highlighting the divergence that has become a defining feature of the forex landscape. Analysts attribute the black market movements to a combination of seasonal import needs, inflationary pressures, and cautious investor sentiment ahead of key policy announcements.

Economists observing the trend suggest that while the naira has shown some resilience in recent months through improved oil revenues and tighter monetary policies, structural issues such as foreign exchange supply shortages continue to fuel parallel market premiums.

Business owners in the informal sector expressed concerns over the volatility, noting its impact on pricing for goods ranging from electronics to foodstuffs.

Traders are closely watching developments from the apex bank and global oil markets for any signals that could stabilize the currency in the coming days.

As of press time, activity in the parallel market remained brisk but orderly, with no major disruptions reported.