Aboki Naira to Dollar Black Market Exchange Rate Today, 22nd January 2026

Aboki Naira to Dollar Black Market Exchange Rate Today, 22nd January 2026

0 Posted By Aboki Exchange

The Nigerian Naira remained stable in the parallel (black) market today, with Aboki forex and other informal dealers quoting the US Dollar at around ₦1,487 to ₦1,500 per $1, depending on location and transaction size.

According to real-time updates from popular platforms like Aboki Forex, the black market rate for buying Dollars stood at approximately ₦1,487 (buy rate), while sellers were offering around ₦1,492 or slightly higher in some cases.

Other sources, including trader reports from major cities such as Lagos, Abuja, Port Harcourt, and Kano, indicated a selling rate of ₦1,500, with buying at ₦1,485 in many BDC (Bureau de Change) spots. This represents a relatively flat movement (around 0% to a slight 0.13% change) compared to recent days, reflecting ongoing efforts to narrow the gap between official and informal rates.

In contrast, the official Nigerian Foreign Exchange Market (NFEM) rate, as published by the Central Bank of Nigeria (CBN), hovered around ₦1,420 to ₦1,421 per $1 today. Mid-morning trading saw the Naira open near ₦1,419.37 and adjust slightly to an average of about ₦1,421.33, marking a minor 0.14% intraday depreciation but maintaining overall stability in the regulated window.

The premium between the official and black market rates remains in the range of ₦60–₦80, a narrower gap than in previous periods, attributed to improved foreign reserves, consistent oil revenues, and ongoing FX reforms by authorities. Key Highlights Today:

  • Black Market (Parallel/Aboki Rate): $1 ≈ ₦1,487 (buy) – ₦1,500 (sell) in major hubs.
  • Official CBN/NFEM Rate: ≈ ₦1,421 per $1 (average).
  • Other Currencies (Black Market examples):
    • Pound Sterling (GBP): Around ₦1,980–₦2,020.
    • Euro (EUR): Around ₦1,705–₦1,720.

Traders and analysts note that demand for Dollars remains moderate amid mid-week liquidity flows, with no major volatility spikes observed. However, the parallel market continues to serve as a key indicator for importers, travelers, and small businesses unable to access official channels easily.

For the most accurate real-time quotes, check trusted platforms like Aboki Forex or local BDC operators, as rates can vary slightly by location and volume. The Naira has shown resilience so far in 2026, with experts watching for further convergence between official and informal segments.