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

The Nigerian Naira continued its recent strengthening trend against the US Dollar in both official and parallel markets, with the black market (parallel market) rate showing signs of stability amid improved forex liquidity and external reserves growth.

According to updates from popular sources like Aboki Forex and user-reported rates on platforms, the black market exchange rate for 1 US Dollar stood approximately as follows today:

• Buying Rate: ₦1,460 per $1 (how much dealers buy dollars from you)
• Selling Rate: ₦1,470–₦1,480 per $1 (how much you pay to buy dollars)

This reflects a slight appreciation for the Naira compared to earlier in the week, where rates hovered around ₦1,475–₦1,490 in some locations.

In major cities including Lagos, Abuja, Port Harcourt, and Kano, Bureau de Change (BDC) operators quoted the dollar at ₦1,460 to ₦1,480 for sale, with minor variations depending on location and transaction size.

The parallel market premium over the official rate remains relatively narrow, a positive development compared to wider gaps seen in previous periods. Sources indicate the Naira edged stronger by about ₦5 in some reports from the previous day, aligning with broader market resilience.

For context:

• The official Central Bank of Nigeria (CBN) rate (NFEM) closed around ₦1,396.99 per $1 on January 29, marking one of the strongest performances in recent years, with the Naira appreciating due to factors like rising external reserves (reaching $46.11 billion as of late January) and ongoing policy measures.
• Mid-market/reference rates from international converters hovered near ₦1,387–₦1,389 per $1.

Analysts attribute the Naira’s gains to increased forex inflows, investor confidence, and a relatively weaker US Dollar globally. However, rates in the informal market can fluctuate rapidly in response to supply-and-demand dynamics, location, and economic news.

Note: Black market rates are unregulated and can vary by dealer. Always exercise caution when conducting transactions and verify current quotes directly with trusted BDC operators. For official purposes, refer to CBN-published rates.