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

The parallel market rate for the Nigerian naira against the US dollar stood at approximately ₦1,405 to ₦1,420 per dollar on Friday, 24 July 2026, according to updates from major forex tracking platforms and Bureau de Change operators across Lagos, Abuja and other key centres.

Dealers were generally buying the greenback at around ₦1,400 to ₦1,410 while selling between ₦1,410 and ₦1,420, reflecting a relatively narrow spread amid ongoing market activity. This follows reports from the previous day showing the naira trading near ₦1,413 in the parallel market, with some platforms listing buy rates of ₦1,405 and sell rates of ₦1,410.

The official Central Bank of Nigeria rate remained lower, hovering near ₦1,370, creating a premium of roughly ₦40 in the black market that continues to influence informal trading. Market observers noted modest fluctuations driven by supply conditions, demand from importers and recent developments in the petroleum sector, including the resumption of naira-based sales at the Dangote Refinery.

Traders in major commercial hubs reported steady but cautious activity as the weekend approached, with rates subject to change based on dollar availability and broader economic indicators. Businesses and individuals relying on the parallel market for foreign exchange continue to monitor these daily movements closely, as they directly affect import costs, remittances and everyday transactions.

Overall, the naira has shown relative stability in recent sessions within the ₦1,400 to ₦1,420 band on the black market, though analysts caution that external factors and domestic forex liquidity will determine the near-term trajectory.