Aboki Naira to Dollar Black Market Exchange Rate Today, 30th April 2026

Lagos currency dealers reported the US dollar trading at approximately ₦1,388 for buying and ₦1,400 for selling in the black market today, reflecting a modest uptick of around 0.72 percent from recent sessions amid ongoing demand pressures.

Market participants in key hubs like Lagos and Abuja noted relatively calm trading volumes, with the naira showing resilience despite persistent forex liquidity challenges. The narrow spread between buy and sell rates indicates balanced supply from remittances and other inflows, even as importers continue to seek dollars for essential transactions. Many observers attribute the stability to improved official market interventions and seasonal factors influencing dollar availability.

In the official window, the Central Bank of Nigeria’s reference rate stood near ₦1,380.71 per dollar, maintaining a premium in the parallel segment that underscores the dual-market dynamics still at play in the economy.

Analysts suggest the current levels could persist in the short term if inflows from oil exports and diaspora remittances remain consistent. However, broader concerns over inflation and global commodity prices may test the naira’s strength in coming weeks. Importers and businesses are advised to hedge positions carefully, while individuals exchanging smaller amounts should compare rates across reputable dealers to secure fair deals.

This environment highlights the continued importance of parallel market rates for everyday transactions, even as authorities push for greater convergence between official and unofficial channels. Stakeholders will be watching upcoming policy announcements for any shifts that could influence volatility.