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

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

0 Posted By Aboki Exchange

As Nigerians usher in the new year on January 1, 2026, the black market (parallel market) exchange rate for the US dollar to the Nigerian naira, commonly tracked by “Aboki” bureau de change operators, stands at approximately ₦1,480 per $1.

According to real-time updates from popular platforms like Aboki Forex and street traders in major cities such as Lagos and Abuja, buyers are purchasing dollars at rates around ₦1,475–₦1,485, while sellers are offering at ₦1,490–₦1,495.

This reflects a relatively stable start to the year, with minor fluctuations observed over the holiday period. The black market rate remains higher than some unofficial converters showing around ₦1,445 per $1, but aligns closely with end-of-2025 quotes from parallel market dealers, which hovered between ₦1,480 and ₦1,496 in late December.

In comparison, the official Central Bank of Nigeria (CBN) rate is expected to be lower, likely in the range of ₦1,450–₦1,500 per $1 based on recent trends, though exact figures for today may vary due to limited trading activity on the public holiday.

Analysts attribute the naira’s relative stability entering 2026 to ongoing CBN interventions, improved forex inflows, and positive expectations for economic reforms.

Forecasts suggest the naira could appreciate further in the coming months, supported by declining inflation projections and potential easing of global dollar pressures. Traders advise caution, as rates can shift rapidly due to demand for travel, imports, and remittances, which are typical at the start of the year.

For the most accurate deals, visitors to Lagos parallel markets or reliable Aboki sources are recommended. Rates are indicative and subject to change.

This information is compiled from multiple market sources, including Aboki Forex, NgnRates, and dealer quotes as of January 1, 2026.