Aboki Naira to Dollar Black Market Exchange Rate Today, 18th February 2026

The Naira to Dollar black market exchange rate on February 18, 2026, remained relatively stable according to Aboki Forex, with the dollar buying at ₦1,370 and selling at ₦1,380 per US dollar.

This narrow spread reflects consistent trends in recent days, where street traders in major cities offered rates in a tight range around ₦1,370 to ₦1,380 for most transactions.

Other parallel market sources showed minor variations, with some BDC operators quoting buy rates near ₦1,378 and sell rates up to ₦1,400, while user-reported averages on platforms hovered around ₦1,370 for buying and ₦1,390 for selling.

In certain high-demand areas like Lagos, Abuja, and Kano, premiums pushed rates higher, with dollars bought around ₦1,480 and sold between ₦1,495 and ₦1,510, highlighting ongoing regional differences driven by retail needs such as travel, education payments, and small imports.

At the official Nigerian Autonomous Foreign Exchange Market (NAFEM), the naira traded at an average of approximately ₦1,345.45 per dollar, with some sessions showing slight strengthening to levels around ₦1,336 in recent data. This leaves a modest arbitrage gap of ₦25 to ₦65 compared to parallel quotes, narrower than earlier periods thanks to sustained Central Bank interventions, better forex liquidity, and policies granting BDCs more access to official supplies.

The naira has displayed resilience in early 2026, supported by rising external reserves, stronger export earnings, and regulatory steps toward greater market unification. Still, black market rates can shift quickly based on daily supply, demand pressures, and economic developments.

Rates vary by dealer, location, and deal size, so checking trusted local exchangers or real-time trackers like Aboki Forex is advisable, and caution is recommended with informal trades.