Aboki Naira to Dollar Black Market Exchange Rate Today, 14th December 2025

As Nigerians continue preparations for the festive season, the Nigerian Naira held steady in the parallel market, commonly known as the “Aboki” or black market, on Sunday, 14th December 2025.

Bureau de Change (BDC) operators and street traders in major cities, including Lagos, Abuja, Port Harcourt, and Kano, reported the US Dollar (USD) selling at approximately ₦1,496 per dollar.

Buying rates were slightly lower, typically around ₦1,480–₦1,485, reflecting minor variations by location and trader. This rate shows little change from the previous days, where the selling rate hovered consistently around ₦1,496.

Analysts point to a balance of factors supporting this relative stability: increased diaspora remittances ahead of Christmas and New Year celebrations, combined with cautious trading amid the Central Bank of Nigeria‘s (CBN) ongoing efforts to improve forex liquidity.

However, year-end demand for dollars – driven by travel, imports, and holiday spending – continues to exert pressure. Inflation remains elevated near 25%, and GDP growth projections for 2025 stand at a modest 3.2%, underscoring persistent economic challenges.

For comparison, the official rate in the Nigerian Foreign Exchange Market (NFEM) is significantly lower, typically around ₦1,450–₦1,500 per USD, highlighting the ongoing premium in the parallel segment due to limited access to formal channels.

Traders advise caution, as black market rates can fluctuate hourly based on supply and local demand. Always verify with trusted dealers and conduct transactions in safe environments.

Stay updated, as rates may shift with global oil prices, policy announcements, or surges in remittance inflows.