Aboki Naira to Dollar Black Market Exchange Rate Today, 14th January 2026
The Nigerian Naira showed a slight improvement in the parallel market (commonly known as the Aboki or black market) today, as increased dollar availability helped ease some of the pressure from early-year demand.
According to verified quotations from Bureau de Change (BDC) operators across major cities, including Lagos, Abuja, Port Harcourt, and Kano, the US Dollar (USD) to Nigerian Naira (NGN) black market exchange rate on Wednesday, January 14, 2026, stands at:
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- Buying rate: ₦1,460 per $1
- Selling rate: ₦1,470 per $1
This represents a modest firming of the Naira compared to recent days, where selling rates hovered around ₦1,472–₦1,505 in various reports from January 12–13. Traders attribute the slight strengthening to improved liquidity in informal segments, supported by ongoing foreign-exchange inflows and stable oil revenues, which are contributing to Nigeria’s external reserves.
In contrast, the official Nigerian Foreign Exchange Market (NFEM) rate, managed by the Central Bank of Nigeria (CBN), has remained relatively stable in recent sessions, closing around ₦1,423–₦1,450 per dollar in early January updates.
The gap between official and parallel rates continues to reflect persistent supply dynamics and demand pressures in the informal market. Market observers note that while the Naira has demonstrated resilience entering 2026—bolstered by external reserves above $45 billion and supportive global crude oil prices—the parallel market remains sensitive to seasonal importer needs, remittance flows, and broader economic factors.
Rates in the black market are highly volatile and can change intraday based on location, transaction size, and dealer. Nigerians are encouraged to use official banking channels for foreign exchange transactions whenever possible to avoid risks associated with informal markets.
For real-time updates, platforms like Aboki Forex trackers, Investors King, and other reliable sources provide ongoing monitoring. This report is compiled from aggregated data from BDC operators and forex tracking sources as of January 14, 2026. Exchange rates fluctuate rapidly—always verify with local dealers for the most current quotes.
