Aboki Naira to Dollar Black Market Exchange Rate Today, 26th November 2025
In a rare moment of respite for Nigeria’s embattled currency, the Nigerian Naira traded flat against the US Dollar in the parallel market today, with informal “Aboki” traders quoting a selling rate of ₦1,468 per dollar across major cities, including Lagos, Abuja, Port Harcourt, and Kano.
This marks a marginal uptick from yesterday’s closing rate of ₦1,465, reflecting cautious stability as traders eye potential Central Bank of Nigeria (CBN) interventions ahead of the holiday season.
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The black market, often a barometer for grassroots economic pressures, saw buying rates hover around ₦1,455 to ₦1,458, according to real-time updates from platforms like AbokiFX and NairaFx.
For context, exchanging $1,000 today would yield approximately ₦1,455,000 at buying rates—a slight buffer for importers and remittance-dependent households, though still emblematic of the Naira’s protracted depreciation from highs near ₦1,600 earlier this year.
Market observers attribute the Naira’s resilience to a combination of factors: a modest rebound in global crude oil prices, which climbed to $58 per barrel amid Russia’s compliance with OPEC+ quotas, bolstering Nigeria’s forex reserves as Africa’s top oil exporter.
Additionally, subdued dollar demand from importers ahead of the Christmas rush and ongoing CBN dollar auctions have tempered volatility. “The Aboki rate’s plateau offers importers a brief breather, but inflation at 22% and subsidy echoes could nudge it toward ₦1,500 by December if oil dips again,” said Dr. Aisha Bello, an economist at Nairametrics, in a recent analysis.
For comparison, the official Investor & Exporter (I&E) window closed at around ₦1,450 per dollar yesterday, maintaining a persistent 1-2% gap that fuels arbitrage in the unregulated Aboki segment.
Other major currencies followed suit: the British Pound fetched ₦1,904 (up from ₦1,915), the Euro ₦1,675 (stable), and the Canadian Dollar ₦1,030 (slight dip).
As Nigeria navigates its economic tightrope, small-scale traders urge caution, recommending apps like AbokiFX for scam-proof verifications.
With year-end remittances expected to surge, all eyes remain on the CBN’s next moves. Stay tuned for live updates as parallel rates evolve through the day.
