Aboki Naira to Dollar Black Market Exchange Rate Today, 2nd June 2026

As of Tuesday, June 2, 2026, the Nigerian naira traded at approximately ₦1,385 to the US dollar in the black market, with dealers buying the greenback at around ₦1,375 and selling it at ₦1,385.

This level reflects a relatively stable position compared to recent sessions, following a modest uptick observed in the previous trading day amid ongoing demand pressures in the parallel segment.

Currency traders in major hubs like Lagos, Abuja, and Kano reported consistent quotes throughout the early hours, with the spread between buy and sell rates remaining narrow at about ₦10.

This tightness suggests balanced activity among exchangers, even as importers and individuals seeking dollars for travel or business continued to exert influence on pricing. The parallel market rate sits slightly above the Central Bank of Nigeria’s official window, which hovered near ₦1,375 per dollar, highlighting the persistent but contained gap between the two segments.

Market participants attribute the current steadiness to improved short-term dollar availability from remittances and other inflows, though broader economic factors such as inflation and foreign reserve dynamics continue to shape sentiment. Analysts note that any significant policy announcements from the apex bank or shifts in global oil prices could quickly alter the trajectory in the coming days.

For everyday Nigerians, the rate translates to higher costs for imported goods and services, keeping household budgets under strain. Businesses reliant on foreign exchange, particularly small and medium enterprises, are advised to plan transactions carefully to mitigate volatility risks. As the week progresses, observers will be watching for fresh supply injections that might ease or intensify the pressure on the local currency.

Residents looking to exchange currencies are encouraged to verify live quotes from reputable sources before transacting, as rates can fluctuate based on location and volume.