Aboki Naira to Dollar Black Market Exchange Rate Today, 16th September 2026
The parallel market for the US dollar in Nigeria opened Wednesday with street dealers and Bureau de Change operators quoting the greenback at ₦1,390 to sell and ₦1,375 to buy, according to rates circulating across Lagos, Abuja, Kano and Port Harcourt.
That leaves a modest spread of ₦15 per dollar as traders continued to price the naira at a premium to the official window. The Central Bank of Nigeria’s latest published rate stood near ₦1,326.30, producing a gap of roughly ₦64 on the selling side, or about 4.6 percent.
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Market participants described trading as relatively steady after the previous session, though some platforms noted a modest upward adjustment from mid-week quotes that had hovered closer to ₦1,380–₦1,383. Demand from importers, travellers and those settling school fees abroad kept pressure on available dollar notes.
At the same time, improved oil receipts and reported reserve levels of more than $54 billion provided a modest cushion at the official market.
Rates still vary by location, transaction size and time of day, so buyers and sellers are advised to compare several licensed operators before completing a deal. The unofficial market remains the reference point for many Nigerians who cannot readily access dollars through banks.
