Aboki Naira to Dollar Black Market Exchange Rate Today, 25th April 2026

As of Saturday, April 25, 2026, the Nigerian naira traded steadily against the US dollar in the parallel market, with the black market exchange rate hovering around 1,390 to 1,405 naira per dollar. Dealers in major cities like Lagos quoted buying rates near 1,390 naira and selling rates up to 1,405 naira, reflecting a relatively calm session amid ongoing supply adjustments.

Traders reported consistent activity throughout the day, as demand for foreign currency remained moderate following recent interventions aimed at stabilizing liquidity.

Many currency exchangers noted that the spread between buy and sell rates stayed narrow, pointing to balanced participation from both buyers seeking dollars for travel or business and sellers offloading holdings. In comparison, the official window managed by the Central Bank of Nigeria showed the naira at approximately 1,358 naira per dollar on the previous trading day, underscoring the persistent gap between formal and informal segments.

Market participants attributed the day’s stability to a combination of improved dollar inflows from certain export sectors and cautious sentiment ahead of potential policy announcements. While some observers watched for any shifts influenced by global oil prices or domestic economic indicators, the parallel market avoided sharp swings, offering a measure of predictability for those conducting transactions outside regulated channels.

For individuals planning exchanges, experts advise verifying rates directly with trusted dealers, as figures can vary slightly by location and volume. The situation highlights the continued importance of monitoring both parallel and official rates for informed financial decisions in Nigeria’s multi-tiered forex environment.