Aboki Naira to Dollar Black Market Exchange Rate Today, 24th December 2025

As Nigerians celebrate Christmas Eve amid the festive “Detty December” season, the Nigerian Naira has maintained impressive stability in the parallel (black) market on Wednesday, 24th December 2025.

Bureau de Change (BDC) operators and street traders, commonly known as “Aboki,” in major cities including Lagos, Abuja, Port Harcourt, and Kano, are quoting the US Dollar at a selling rate of ₦1,496 per USD.

Buying rates from customers are typically slightly lower, hovering around ₦1,480–₦1,490, depending on location and volume. This rate reflects little to no change from recent days, demonstrating resilience despite heightened holiday demand for foreign currency driven by travel, shopping, and diaspora remittances.

Analysts attribute the Naira’s steady performance to increased forex inflows from remittances during the festive period and continued interventions by the Central Bank of Nigeria (CBN) to enhance liquidity.

The premium over the official Nigerian Foreign Exchange Market (NFEM) rate – which stands around ₦1,450–₦1,460 per USD – remains modest, highlighting ongoing progress in Nigeria’s foreign exchange reforms throughout 2025.

Market watchers note that while year-end pressures could introduce minor fluctuations, the narrowed gap between official and parallel rates signals improved stability heading into 2026.

Note: Black market rates are unofficial and can vary slightly by location and trader. Always transact safely with reputable dealers and verify rates in real-time. Rates are subject to change based on supply and demand.