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

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

0 Posted By Aboki Exchange

The Nigerian Naira continues to show stability in the parallel market (commonly known as the black market or Aboki rate) amid ongoing economic adjustments and global influences.

According to the latest updates from reliable Aboki Forex trackers and parallel market sources, the black market exchange rate for 1 US Dollar (USD) to Nigerian Naira (NGN) today stands at approximately ₦1,370 (buy/sell around this level).

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This reflects data from platforms like abokiforex.app, which reported the rate at ₦1,370 as of recent checks, with minor variations across dealers.

  • Buying Rate (what BDCs pay for dollars): Around ₦1,360–₦1,370
  • Selling Rate (what customers pay for dollars): Around ₦1,370–₦1,380

This narrow spread indicates continued convergence between the parallel and official markets. For comparison:

  • The official Nigerian Foreign Exchange Market (NFEM) rate, as tracked by the Central Bank of Nigeria (CBN) and related sources, hovered near ₦1,368–₦1,370 in recent sessions, with a mid-morning quote around ₦1,370.30 on March 2.
  • The parallel market remains calm, with no major speculative pressures observed in key cities like Lagos, Abuja, and Kano.

Market observers note that the Naira’s performance has benefited from recent policy measures, including CBN interventions and a stable supply environment. However, external factors such as geopolitical tensions in the Middle East (impacting oil prices) could introduce volatility in the coming days.

Traders and individuals are advised to monitor real-time updates from trusted sources like Aboki Forex apps or BDC networks, as rates can fluctuate hourly based on demand, location, and transaction volume.

This report is based on aggregated data from multiple forex tracking platforms and market reports as of early March 3, 2026. For the most accurate and up-to-the-minute rates, consult local Bureau de Change operators or official CBN channels.