Aboki Naira to Dollar Black Market Exchange Rate Today, 27th January 2026

The Nigerian Naira remained relatively stable against the US Dollar in the parallel market (commonly referred to as the black market or Aboki rate) today, with rates hovering in a narrow band amid ongoing efforts to align official and informal forex segments.

According to data from popular trackers like Aboki Forex and user-reported rates on platforms such as NgnRates.com, the black market exchange rate for 1 US Dollar stood at approximately ₦1,483 to ₦1,490 for selling, while buying rates were slightly lower, around ₦1,480 to ₦1,485.

• Aboki Forex reported the rate at ₦1,483 per dollar (with buy at ₦1,483 and sell at ₦1,488 in some quotes).
• Aggregated user submissions on NgnRates.com showed an average sell rate of ₦1,490 and buy around ₦1,480.
• Other sources, including nairatoday.com and parallel market dealers in Lagos, Abuja, Port Harcourt, and Kano, quoted sell rates up to ₦1,500, with buying at ₦1,485.

This represents a marginal change from recent days, with the parallel market showing stability or slight appreciation in the Naira compared to earlier in the month. The premium over the official rate has narrowed significantly from peaks in late 2025, reflecting improved liquidity and Central Bank of Nigeria (CBN) interventions. For comparison:

• The official Nigerian Foreign Exchange Market (NFEM) rate opened around ₦1,412 to ₦1,419 per dollar today, based on CBN and market reports, indicating a gap of roughly ₦60–₦80 between official and parallel segments.

Market analysts attribute the steadiness to sustained foreign inflows from oil revenues, remittances, and portfolio investments, alongside reduced speculative demand in the informal sector. However, traders caution that retail needs for travel, education, and small imports continue to influence parallel rates.

Note: Black market rates fluctuate rapidly based on location, dealer, and transaction size. These figures are indicative averages from reliable forex tracking sources as of midday on January 27, 2026. Always verify with trusted local dealers for real-time transactions, and note that parallel market trading operates outside official regulation.

The Naira has shown resilience in early 2026, with both markets trending toward greater convergence—a positive sign for economic stability. Stay tuned for updates as the day progresses.