Aboki Naira to Dollar Black Market Exchange Rate Today, 3rd January 2026

Aboki Naira to Dollar Black Market Exchange Rate Today, 3rd January 2026

0 Posted By Aboki Exchange

As Nigeria enters the first weekend of 2026, the parallel market (commonly known as the black market) exchange rate for the US dollar against the Nigerian naira shows a slight upward tick, with Bureau De Change (BDC) operators quoting selling rates around ₦1,490 per $1 in major cities, including Lagos, Abuja, Port Harcourt, and Kano.

According to updates from popular Aboki tracking platforms and street-level dealers, the dollar is being sold at approximately ₦1,490 on January 3, reflecting a modest increase from ₦1,480 recorded on January 1 and 2. Buying rates are slightly lower, ranging from ₦1,475 to ₦1,485, depending on location and volume.

This minor depreciation comes amid low trading activity typical of the post-holiday period, with demand for dollars remaining steady for imports, travel, and hedging purposes.

Analysts note that the naira’s relative stability at the start of the year is supported by improved foreign-exchange inflows and the lingering effects of Central Bank of Nigeria (CBN) policies implemented in late 2025. In contrast, the official CBN rate is estimated to be lower, around ₦1,450–₦1,500 per $1, though exact figures may vary due to limited official market activity over the weekend.

Traders caution that rates can fluctuate rapidly, especially amid potential increases in demand as business activity resumes fully next week. For the most accurate transactions, individuals are advised to consult licensed BDC operators in person or monitor trusted real-time sources.

Rates are indicative and subject to change. The CBN does not recognize the parallel market and encourages forex transactions through official channels.