Aboki Naira to Dollar Black Market Exchange Rate Today, 25th September 2025

The Nigerian Naira maintained marginal stability against the US Dollar in the black market today, with Aboki operators—informal currency traders—quoting rates that show minimal fluctuation from recent days.

According to sources at Bureau De Change (BDC) operators in Lagos, the parallel market saw the Dollar being bought at approximately ₦1,520 and sold at ₦1,515 per unit, reflecting a slight dip in selling rates amid ongoing forex pressures.

This comes after a similar trend on Wednesday, September 24, when the black market rate hovered around ₦1,520 for buying and ₦1,515 for selling, as reported by market watchers.

The consistency in rates over the past week underscores a tentative calm in Nigeria’s volatile parallel foreign exchange segment, despite broader economic challenges, including inflation and reduced foreign inflows.

For context, earlier in the week on September 23, rates were slightly higher at ₦1,535 (buy) and ₦1,520 (sell), before easing marginally. By September 21, the spread had stabilized around the same levels, with buying at ₦1,535 and selling at ₦1,520.

These figures, tracked via platforms like AbokiFX, highlight the Naira’s resilience in the informal sector, where demand for Dollars remains high due to import needs and remittances.

Economists attribute the steady rates to interventions by the Central Bank of Nigeria (CBN), which has been injecting liquidity into the official market to curb depreciation. However, the gap between the parallel and official rates—where the Naira trades closer to ₦1,500 per Dollar—continues to fuel debates on forex unification policies under President Bola Tinubu’s administration.

Businesses and individuals relying on black market exchanges are advised to closely monitor rates, as fluctuations can occur rapidly. For real-time updates, platforms like AbokiFX provide live conversions, showing that 1 USD equates to approximately ₦1,518 as of midday today.

As Nigeria navigates global economic headwinds, including oil price volatility, the black market remains a critical barometer for the Naira’s health.

Stay tuned for tomorrow’s rates, expected to hold steady unless new CBN announcements emerge.