Aboki Naira to Dollar Black Market Exchange Rate Today, 16th February 2026

As of February 16, 2026, the black market exchange rate for one US dollar to Nigerian naira, commonly referred to as the Aboki rate or parallel market rate, stands at approximately ₦1,425 to ₦1,435 for selling. Buying rates hover slightly lower, around ₦1,420 in many locations.

Aggregated data from trackers like Aboki Forex indicate a key benchmark around ₦1,425, with some Bureau De Change operators in Lagos, Abuja, Port Harcourt, and Kano quoting up to ₦1,440 depending on volume and specific dealer.

The official rate from the Nigerian Foreign Exchange Market, guided by the Central Bank of Nigeria, trades in a tighter range near ₦1,353 to ₦1,355 per dollar, showing continued stability with minor daily adjustments.

This keeps the gap between official and parallel markets relatively narrow at about ₦70 to ₦90, reflecting improved foreign exchange supply through recent policy measures allowing greater access for BDCs and sustained interventions.

The naira has maintained resilience so far in 2026, bolstered by factors like elevated oil prices, rising external reserves, and efforts to align market segments. Demand from importers and seasonal influences could still prompt slight shifts throughout the day. Rates in the informal market vary by location, time, and transaction size, so checking directly with trusted local operators remains essential for the most accurate quote.