Aboki Naira to Dollar Black Market Exchange Rate Today, 1st February 2026

The Nigerian Naira held steady in the parallel market as February opened, with the widely followed Aboki forex rate for the US Dollar remaining in the mid-1,400s range.

According to the latest updates from Aboki Forex and similar trackers, 1 USD was trading around ₦1,450 on the sell side in early trading today. Some operators in Lagos, Abuja, Port Harcourt, and Kano quoted sell rates between ₦1,465 and ₦1,480, while buy rates hovered slightly lower at ₦1,445 to ₦1,465, reflecting only minor overnight movement from January 31 figures.

In comparison, the official Central Bank of Nigeria window closed the previous week stronger, with the NFEM rate sitting between ₦1,386 and ₦1,391 per dollar, keeping the premium between the official and black-market rates in the 4–7% band in recent sessions.

The relative stability in the parallel market comes after weeks of improved forex supply, sustained CBN interventions, and seasonal demand patterns that have helped limit sharp swings. Traders in major cities reported calm activity heading into the weekend and into the new month, with no significant volatility overnight.

For other major currencies in the black market, 1 British Pound traded around ₦2,030, while 1 Euro traded at approximately ₦1,725. The Aboki rate continues to serve as a critical reference point for many Nigerians handling small transactions, remittances, and informal business, even as the gap with the official rate has narrowed somewhat in recent weeks.

Market participants caution that parallel rates can shift quickly in response to fresh supply, demand pressures, or policy signals, and recommend checking trusted platforms or verified bureau de change operators for the most current figures, while prioritising official channels whenever feasible for larger amounts.

This rate snapshot captures informal market conditions on February 1, 2026, and is not regulated by the Central Bank of Nigeria.