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

The Nigerian Naira continues to show relative stability in the parallel market amid ongoing economic policies aimed at harmonizing exchange rates.

According to popular sources tracking the black market (also known as the parallel or Aboki market), the exchange rate for 1 US Dollar (USD) to Nigerian Naira (NGN) today stands as follows:

• Selling Rate (what buyers pay to get dollars): Approximately ₦1,355 per USD in major cities like Lagos, Abuja, Port Harcourt, and Kano.
• Buying Rate (what sellers receive): Around ₦1,340 per USD.

This reflects a 0% change from recent sessions, indicating a period of calm in the informal forex segment. Other trackers, including Aboki Forex platforms, report slightly varied figures, with some listings around ₦1,410 for selling, though the consensus from multiple street-level and aggregator sources points to the tighter range of ₦1,355–₦1,365.

For context, the official Central Bank of Nigeria (CBN) rate in the Nigerian Foreign Exchange Market (NFEM) opened around ₦1,351.13 per USD early today, with minor intraday fluctuations between ₦1,350.88 and ₦1,352.02. The parallel market premium remains historically low—at under 1.5%—highlighting the effectiveness of recent CBN interventions in reducing the gap between official and black market rates.

Mid-market reference rates from global converters like XE and Wise hover near ₦1,352 per USD, aligning closely with both official and parallel trends.

Market observers note that the Naira has benefited from consistent policy measures, steady oil revenues, and reduced speculative pressure in recent weeks. Analysts anticipate the rate to hover in the ₦1,345–₦1,355 band in the official window in the near term, unless disrupted by external factors such as global oil price shifts or U.S. monetary policy changes.

Note: Black market rates can vary by location, dealer, and transaction size. Always exercise caution with informal exchanges and consider official channels where possible for transparency and security.

This update is based on aggregated data from reliable forex tracking platforms and market reports as of mid-morning on February 25, 2026. Rates are dynamic and subject to change throughout the day.