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

The Nigerian naira maintained a relatively stable position in the black market on Monday, with currency dealers quoting the US dollar at approximately ₦1,390 for buying and ₦1,395 for selling. This reflects minimal movement from weekend levels, as traders navigated ongoing supply constraints and steady retail demand for foreign exchange.

Market participants reported brisk activity in major trading hubs across Lagos, Abuja, and Kano, where individuals and small businesses continued to seek dollars for imports, travel, and other transactions outside official channels. The parallel market rate remains notably tighter than earlier volatility seen in previous months, though it still trades at a discount to some official windows.

Analysts attribute the current equilibrium to a combination of factors, including improved inflows from diaspora remittances and cautious interventions by authorities to manage liquidity. However, underlying challenges such as inflationary pressures and the high cost of living continue to drive demand for hard currencies as a hedge.

For context, exchanging $100 in the black market today would yield around ₦139,000 to ₦139,500, depending on negotiation skills and location. Experts advise individuals to verify rates locally before transactions, as they can fluctuate hourly based on availability and volume.

As Nigeria’s economy grapples with balancing multiple exchange rates, stakeholders are closely monitoring policy developments that could further align parallel and official markets in the coming weeks. For now, the naira’s resilience in the informal segment offers a temporary breather for those reliant on these dealings.