Aboki Naira to Dollar Black Market Exchange Rate Today, 27th November 2025

The Nigerian Naira faced renewed pressure in the parallel market today, with informal currency traders—commonly known as “Aboki” operators—quoting the US Dollar at a selling rate of ₦1,470 and a buying rate of ₦1,460 in major cities including Lagos, Abuja, Port Harcourt, and Kano.

This marks a marginal depreciation from recent sessions, underscoring the ongoing volatility in Nigeria’s forex landscape amid persistent economic headwinds.

Market sources, including updates from parallel exchange platforms like AbokiFX and TheCityCeleb, attribute the slight uptick in rates to sustained demand from importers and remittances ahead of the holiday season, coupled with a dip in foreign reserves.

“The Naira is holding steady but barely—traders are cautious as dollar inflows remain unpredictable,” said a bureau de change operator in Lagos’ bustling Alaba International Market, speaking on condition of anonymity.

For context, exchanging $1,000 at today’s black market rates would yield approximately ₦1,460,000, a stark reminder of the currency’s year-to-date slide from levels near ₦1,600 earlier in 2025.

The parallel market rate diverges notably from the official Nigerian Foreign Exchange Market (NFEM) benchmark, where the Central Bank of Nigeria (CBN) maintained the Dollar at around ₦1,500–₦1,550 yesterday, based on volume-weighted averages.

Economists warn that the widening gap—now exceeding 5%—could exacerbate inflation, currently at 32% annually, and further erode purchasing power for households reliant on imported goods such as fuel, food, and electronics.

Looking ahead, analysts point to potential relief from rising global crude oil prices—Nigeria’s forex lifeline—which climbed to $75 per barrel today on supply concerns. However, with the Federal Government’s $22 billion debt servicing obligations looming, experts urge swift policy measures, including tighter capital controls and boosted diaspora inflows, to stabilize the Naira before year-end.

For those navigating exchanges, experts advise verifying rates with reputable sources like AbokiFX apps or licensed BDCs, and always securing written receipts to avoid scams. As Nigeria grapples with its forex conundrum, today’s rates serve as a barometer: resilient yet precarious, with the black market once again dictating the street-level reality for millions.

Rates are indicative and subject to intra-day fluctuations. For official updates, consult the CBN website.