Aboki Naira to Dollar Black Market Exchange Rate Today, 4th December 2025
As Nigeria enters the bustling festive season, the parallel market exchange rate for the US Dollar (USD) against the Nigerian Naira (NGN) – commonly tracked by street traders known as “Aboki” – showed signs of slight firmness on Thursday, 4th December 2025.
Bureau De Change (BDC) operators in major cities, including Lagos, Abuja, Port Harcourt, and Kano, quoted the Dollar at an average buying rate of ₦1,460 and selling rate of ₦1,475 per USD.
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This represents marginal stability compared to the previous day’s closing levels, where selling rates hovered around ₦1,472–₦1,475 in key hubs. The black market, or parallel market, continues to reflect heightened demand for foreign currency ahead of Christmas and New Year celebrations, with importers stocking up on goods and families preparing for travel and remittances.
Traders in Lagos reported steady transactions without major disruptions, though some noted a minor uptick in buying pressure from retail clients. For context, the official Central Bank of Nigeria (CBN) rate in the Investors & Exporters (I&E) window stood around ₦1,447–₦1,450 per USD, highlighting a persistent premium in the unregulated market of approximately ₦25–₦30.
Economists attribute this gap to ongoing forex scarcity, fluctuating oil revenues, and seasonal factors. “Rates have been relatively calm this week, but we expect more volatility as December progresses,” said a BDC operator in Lagos Island.
“Demand always spikes mid-month with diaspora inflows, which could ease some pressure on the Naira.”
Other key black market rates today include:
- Pound Sterling (GBP) to Naira: Buying ₦1,900–₦1,910 | Selling ₦1,950–₦1,960
- Euro (EUR) to Naira: Buying ₦1,660–₦1,670 | Selling ₦1,700
Analysts forecast the Naira could face renewed downward pressure if global oil prices remain unstable, though expected holiday remittances may provide temporary support.
Nigerians are advised to monitor rates closely, as parallel market figures can fluctuate hourly.
Stay updated with reliable sources for the latest shifts in this dynamic market.
