Aboki Naira to Dollar Black Market Exchange Rate Today, 13th November 2025

The Nigerian Naira exhibited resilience in the black market forex segment today, with informal currency traders, popularly known as Aboki, quoting the US Dollar at a buying rate of ₦1,455 and a selling rate of ₦1,465.

This marks a marginal tightening from yesterday’s rates, reflecting subdued dollar demand as importers adopt a wait-and-see approach ahead of anticipated Central Bank of Nigeria (CBN) interventions.

Market sources in Lagos, Abuja, and Kano reported consistent pricing across major trading hubs, with an average rate hovering around ₦1,460 per dollar. “The parallel market is breathing a sigh of relief today,” noted a veteran Bureau De Change (BDC) operator in Ikeja, who attributed the stability to a slight uptick in diaspora remittances and moderated speculative activity.

For context, the official Investor & Exporter (I&E) window rate remained at approximately ₦1,450 per dollar as of late Wednesday, highlighting the persistent premium in the unregulated Aboki segment.

The Naira’s performance comes against a backdrop of Nigeria’s ongoing economic challenges, including persistent inflation hovering above 30% and reliance on volatile oil revenues, which account for over 90% of the country’s foreign exchange inflows.

Analysts from Nairametrics point to recent CBN efforts—such as unifying exchange rate windows and injecting $500 million into the market last month—as key factors curbing depreciation pressures. However, experts warn that without sustained foreign direct investment and diversification beyond oil, the Naira could face renewed volatility in the coming weeks.

“Today’s rates signal a fragile balance, but households and small businesses depending on dollar inflows for essentials like school fees and medical imports are still feeling the pinch,” said Dr. Aisha Bello, an economist at the Lagos Business School.

She forecasted a potential range of ₦1,450 to ₦1,470 through the weekend, barring any global oil price shocks. For those engaging in forex transactions, experts advise verifying rates with multiple sources and obtaining receipts to mitigate risks in the informal market.

Live updates from platforms like NgnRates and AbokiFx continue to track these fluctuations in real-time, underscoring the growing digitization of Nigeria’s parallel economy.

As Nigeria navigates its path toward economic recovery, today’s steady Aboki rates offer a glimmer of optimism for consumers and investors alike. Stay tuned for tomorrow’s developments as the CBN’s next policy moves loom large.