Aboki Naira to Dollar Black Market Exchange Rate Today, 15th December 2025

As Nigerians ramp up preparations for the Christmas and New Year festivities, the Nigerian Naira has shown remarkable stability in the parallel market, popularly known as the “Aboki” or black market, on Monday, 15th 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) trading steady at a selling rate of ₦1,496 per dollar.

Buying rates hovered around ₦1,480–₦1,485, reflecting a narrow spread that has persisted through the weekend. This rate marks little change from Sunday’s levels, where the dollar also closed at ₦1,496 in most locations.

Market participants attribute the calm to a seasonal surge in diaspora remittances, which typically peak in December, offsetting heightened demand for dollars ahead of holiday travel and imports.

“The market is quiet today,” said a BDC operator in Lagos. “Remittances are flowing in, and people are holding steady—no panic buying or selling.”

In contrast, the official Nigerian Foreign Exchange Market (NFEM) rate, guided by the Central Bank of Nigeria (CBN), remains significantly lower, trading around ₦1,450–₦1,455 per dollar based on recent sessions.

This persistent premium in the parallel market—around ₦40–₦45—highlights ongoing disparities in access to formal forex channels for individuals and small businesses.

Analysts note that while the Naira’s black market performance offers short-term relief amid elevated inflation (near 25%) and modest GDP growth forecasts of 3.2% for 2025, structural challenges remain.

Increased forex liquidity from the CBN and potential year-end policy tweaks could influence rates in the coming weeks. Traders advise monitoring developments closely, as rates can fluctuate with global oil prices, remittance volumes, or sudden policy announcements.

For the latest updates, platforms tracking Aboki rates remain a go-to for many Nigerians navigating daily transactions.