Aboki Naira to Dollar Black Market Exchange Rate Today, 20th January 2026

The Nigerian Naira continued to trade at a premium in the parallel (black) market against the US Dollar today. Widely referenced Aboki Forex and similar platforms reported the Dollar to Naira black market exchange rate holding steady around the ₦1,480 level.

According to real-time updates from Aboki Forex (abokiforex.app) and aggregated data from parallel market sources, the exchange rate stood at approximately ₦1,480 to buy one US Dollar (buying rate) and up to ₦1,487–₦1,498 for selling, depending on location and dealer.

This reflects a relatively stable session with minimal volatility, compared to recent days, during which rates hovered between ₦1,480 and ₦1,500 across Lagos, Abuja, Port Harcourt, and Kano. Key highlights from today’s parallel market activity:

• Buying Rate: ₦1,480 per USD (common across major Aboki Forex trackers and user-reported deals).
• Selling Rate: ₦1,487–₦1,498 per USD (slight spread observed in trader quotes).
• Average Rate: Around ₦1,481–₦1,490, showing little change from January 19 levels.

In contrast, the official exchange rate at the Nigerian Foreign Exchange Market (NFEM), as published by the Central Bank of Nigeria (CBN), remained firmer. The indicative rate was around ₦1,420.28 per USD on January 19 (latest available data), with today’s trading showing the Naira slightly depreciating to approximately ₦1,420–₦1,421 per Dollar in official windows.

This maintains a persistent gap of roughly ₦60–₦78 between the official and parallel markets, though narrower than historical peaks. The stability in the black market comes amid ongoing economic factors, including foreign exchange supply dynamics, demand for dollars in informal trade, and broader macroeconomic pressures.

Traders note that while the Naira has shown some resilience in recent weeks, fresh pressures could emerge depending on global oil prices, remittance flows, and policy signals from the CBN. For context, mid-market references (such as those from Wise and Xe) aligned closer to ₦1,418–₦1,480, bridging the official and unofficial segments but not directly reflecting street-level transactions.

Note: Black-market rates fluctuate rapidly by location, volume, and dealer. These figures are indicative and sourced from popular platforms like Aboki Forex, TheCityCeleb, and user reports. Always verify with trusted local dealers for actual transactions, and note that parallel market trading carries inherent risks.

The Naira remains under watch as stakeholders anticipate further CBN interventions to support currency stability in 2026.