Aboki Naira to Dollar Black Market Exchange Rate Today, 29th December 2025

As Nigerians gear up for New Year’s celebrations following the lively “Detty December” festivities, the Nigerian Naira has shown continued stability in the parallel market, popularly known as the black market or “Aboki” rate, on Monday, 29th December 2025.

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 (selling rate).

Buying rates from customers typically hover around ₦1,480–₦1,490 per USD, reflecting minimal fluctuations amid low trading volume during the holiday period.

This rate remains largely unchanged from the previous days, underscoring the Naira’s resilience in the informal sector. Analysts attribute this stability to seasonal factors such as reduced commercial demand post-holidays, increased diaspora remittances flowing into the country, and ongoing improvements in forex liquidity driven by the Central Bank of Nigeria (CBN)’s reforms throughout 2025.

In comparison, the official rate at the Nigerian Foreign Exchange Market (NFEM) stands stronger at around ₦1,450–₦1,460 per USD, maintaining a narrow premium in the parallel market—a positive sign of converging rates and enhanced market confidence.

Market watchers advise caution, recommending transactions with trusted dealers and checking real-time updates, as rates can vary slightly by location and time of day.

As the year draws to a close, the Naira’s steady performance offers a glimmer of optimism for economic stability heading into 2026.