Aboki Naira to Dollar Black Market Exchange Rate Today, 5th February 2026

The Nigerian Naira held steady in the parallel market on February 5, 2026, with black market operators quoting the US dollar in a narrow band.

According to widely followed Aboki Forex updates and real-time checks across major cities, including Lagos, Abuja, Port Harcourt, and Kano, the current black-market exchange rate is ₦1,445 to buy one US dollar and ₦1,455 to sell one US dollar.

This reflects a very tight spread of roughly ₦10, a sign of balanced supply and demand in the informal segment today. Bureau De Change operators in high-volume locations mostly traded within the ₦1,450–₦1,465 range, with some sellers willing to part with dollars as low as ₦1,450 for larger transactions, and buyers offering up to ₦1,460 in urgent cases.

The parallel market showed almost no movement from the previous session, with most tracked quotes changing by around 0%. In contrast, the official Nigerian Foreign Exchange Market continued to perform strongly.

Mid-session rates from the Central Bank of Nigeria window hovered between ₦1,368 and ₦1,371 per dollar, keeping the premium between official and black market rates at one of the narrowest levels seen in recent months.

This convergence has been supported by sustained foreign inflows, firmer crude oil prices that have bolstered external reserves, and the ongoing implementation of forex policy measures that are gradually reducing pressure on the parallel market. Market participants noted that sentiment remains cautiously positive in the short term.

The Naira has recorded incremental gains at the official window in recent sessions, including notable two-day appreciation spells, and the black market has followed with more muted but consistent stability.

Traders continue to advise verifying rates directly with local BDC operators before any transaction, as parallel market quotes can shift quickly depending on location, volume, time of day, and individual dealer margins. Informal forex dealings remain unregulated and carry associated risks.

Overall, the picture on February 5, 2026, points to continued relative calm in the Naira market, with both official and parallel segments showing signs of greater alignment.