Aboki Naira to Dollar Black Market Exchange Rate Today, 22nd November 2025

The Nigerian Naira demonstrated resilience in the parallel exchange market on Saturday, with informal currency traders—popularly known as “Aboki” operators—quoting the US Dollar at a selling rate of ₦1,470 per unit and a buying rate of ₦1,465 across major cities, including Lagos, Abuja, Port Harcourt, and Kano.

This marks a continuation of the currency’s recent stabilization, following a slight uptick from Friday’s levels, where the selling rate stood at ₦1,470 with a buying rate of ₦1,465.

The narrow spread between buying and selling prices reflects subdued demand from importers heading into the weekend, coupled with a modest recovery in global crude oil prices—Nigeria’s key foreign exchange earner—which hovered around $72 per barrel amid positive signals from OPEC+ quota adherence.

For context, exchanging $1,000 in the black market today would yield approximately ₦1,465,000 at the buying rate, providing a slim margin for households and small businesses navigating elevated import costs.

The parallel market premium over the official Central Bank of Nigeria (CBN) Investor & Exporter (I&E) window—closing at around ₦1,450 per Dollar on Friday—remains a persistent feature, enabling arbitrage opportunities for cross-border traders but underscoring ongoing liquidity strains in the formal sector.

Economists attribute the Naira’s plateau to a mix of factors, including easing inflation (now at 22.5% year-on-year, driven by softer food prices) and tentative inflows from remittances and diaspora transfers. However, external risks loom large: potential pauses in US Federal Reserve rate cuts and geopolitical tensions in oil-producing regions could exert downward pressure if unchecked.

Small-scale traders and everyday users are urged to cross-check rates via reliable platforms like AbokiFX to sidestep scams in the opaque black market. As Nigeria wraps up a tumultuous year for its currency—marked by a peak near ₦1,600 earlier in 2025—eyes are on upcoming CBN interventions and global commodity trends for signs of further relief.

For live updates, monitor trusted sources such as Nairatoday.com and TheCityCeleb.

Exchange rates are subject to intraday fluctuations; always verify with licensed Bureau de Change operators before transacting.