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

The Nigerian Naira maintained relative stability in the parallel market today, with Aboki (black market) traders quoting the US Dollar at a selling rate of ₦1,465 and a buying rate of ₦1,457, according to sources from Bureau De Change operators in Lagos, Abuja, Port Harcourt, and Kano.

This marks a slight uptick from Thursday’s rates of ₦1,460 (sell) and ₦1,455 (buy), reflecting subdued dollar demand amid ongoing economic pressures.

The black market, often referred to as the “Aboki” segment due to the informal currency dealers prevalent in urban centers, continues to trade at a premium over official rates.

For comparison, the Central Bank of Nigeria (CBN) Investor & Exporter (I&E) window closed yesterday at approximately ₦1,450 per Dollar, highlighting a persistent gap that underscores arbitrage opportunities for cross-border traders and remittance recipients.

Market watchers attribute the Naira’s firmness to a cautious rebound in oil exports and reduced importer appetite, though analysts warn of potential pressures if global commodity prices falter.

“Friday’s session shows the Naira plateauing, buoyed by lower FX inflows from diaspora remittances and a dip in speculative hoarding,” said a Nairametrics forex analyst. “However, with Nigeria’s inflation hovering above 30% and fuel subsidy uncertainties lingering, we could see the rate test ₦1,480 by next week if dollar liquidity tightens further.”

In other major currencies, Aboki rates today included:

• Euro (EUR): Selling at ₦1,666, buying at ₦1,650
• British Pound (GBP): Selling at ₦1,888, buying at ₦1,870
• Canadian Dollar (CAD): Selling at ₦1,027, buying at ₦1,015

These figures, averaged from open-source public APIs and street-level reports, underscore the parallel market’s role as a barometer for Nigeria’s forex dynamics, where official channels often fall short for everyday users.

Local businesses, from textile importers to tech startups, continue to rely on Aboki platforms like AbokiFX for real-time conversions, navigating the volatility with hedging strategies.

As President Bola Tinubu‘s administration pushes reforms to unify exchange rates and boost reserves—now at $38 billion—the black market remains a vital, if unregulated, lifeline for millions.

For the latest updates, traders recommend monitoring reputable sources like Aboki Forex apps, though users are advised to exercise caution against scams in informal dealings.

This stability offers a brief respite for Nigerian households grappling with rising costs, but economists call for sustained CBN interventions to narrow the official-parallel spread and foster long-term Naira appreciation. Stay tuned for evening updates as trading volumes peak.