Aboki Naira to Dollar Black Market Exchange Rate Today, 24th April 2026

As of Friday, April 24, 2026, the Nigerian naira continued to trade under pressure in the parallel market, with one US dollar exchanging for approximately 1,390 naira on the buy side and up to 1,395 naira when selling, according to widely tracked Aboki forex updates.

This level reflects a relatively stable position compared to recent sessions, where minor fluctuations have been influenced by varying dollar supply from importers and diaspora remittances.

Market participants in major cities like Lagos, Abuja, and Onitsha reported buy rates hovering around 1,390 to 1,393 naira per dollar, while sellers quoted figures closer to 1,400 naira in some locations. The slight spread between buying and selling points highlights the cautious approach taken by currency dealers amid ongoing demand for foreign exchange to cover personal travels, school fees, and small-scale imports.

In contrast, the official Nigerian Foreign Exchange Market (NFEM) rate stood significantly lower, around 1,350 to 1,355 naira per dollar earlier in the week, underscoring the persistent gap between regulated channels and the informal segment. This divergence often stems from tighter documentation requirements at official windows, pushing many retail users toward parallel operators for quicker access.

Analysts note that recent interventions and improved remittance inflows have helped prevent sharper depreciation in the black market, though seasonal demand pressures could test this balance in the coming days. For those planning transactions, experts advise verifying live quotes directly with trusted dealers, as rates can shift quickly based on local availability and economic headlines.

Overall, the naira’s performance in the parallel market remains a key barometer for everyday Nigerians navigating foreign currency needs, with stakeholders calling for sustained policy measures to narrow the official-parallel divide and foster greater stability.