Aboki Naira to Dollar Black Market Exchange Rate Today, 28th December 2025

As Nigerians prepare to usher in the New Year following the vibrant “Detty December” festivities, the Nigerian Naira has maintained remarkable stability in the parallel market (commonly referred to as the black market or Aboki rate).

Bureau de Change (BDC) operators and street traders in major cities including Lagos, Abuja, Port Harcourt, and Kano report that the US Dollar is trading at approximately ₦1,496 per USD on Sunday, 28th December 2025.

This rate shows no significant change from the previous days, with selling rates holding steady at ₦1,496, while buying rates from customers typically range around ₦1,480–₦1,490 per USD.

The consistency reflects reduced trading activity over the weekend and post-Christmas period, combined with sustained foreign exchange inflows from diaspora remittances during the holiday season.

In comparison, the official exchange rate at the Nigerian Foreign Exchange Market (NFEM), as influenced by the Central Bank of Nigeria (CBN), remains stronger at around ₦1,450–₦1,460 per USD. The relatively narrow gap between the official and parallel markets underscores the positive impact of the CBN’s ongoing forex reforms and efforts to enhance liquidity throughout 2025.

Market analysts attribute the Naira’s resilience in the informal sector to seasonal factors, including lower commercial demand after the holidays and improved forex supplies. However, traders caution that rates could see minor fluctuations as business activity resumes in the new year.

For the most accurate and real-time quotes, individuals are advised to consult local BDC operators, as slight variations may occur by location and dealer.

Note: Black/parallel market rates are unofficial and provided for informational purposes only. Always verify with trusted sources before transactions.