Aboki Naira to Dollar Black Market Exchange Rate Today, 6th June 2026

The Nigerian naira held its ground against the US dollar in the black market on Saturday, with dealers quoting rates between ₦1,390 for buying and ₦1,400 for selling one American currency unit. This stability comes amid ongoing demand for foreign exchange by businesses and individuals seeking to navigate import costs and travel expenses.

Market watchers noted minimal movement from Friday’s levels, where the parallel rate hovered around ₦1,393 on average. Currency traders in major cities like Lagos, Abuja, and Kano reported consistent activity, with supply from diaspora remittances and informal sources helping to balance the market. The slight premium over the official window reflects persistent pressures from high import bills and economic uncertainties.

For context, the Central Bank of Nigeria’s official rate stood near ₦1,357-1,362 per dollar earlier in the week, highlighting the gap that continues to influence everyday transactions outside regulated channels. Economists attribute the parallel market’s resilience to improved forex inflows in recent months, though challenges such as inflation and global commodity prices remain key factors to monitor.

Travellers and small-scale importers are advised to compare rates across dealers, as margins can vary by location and transaction size. Analysts expect the naira to face testing in the coming days, depending on new policy signals from monetary authorities and external economic developments.

This report draws from real-time observations across popular forex tracking platforms serving the Nigerian market. Rates in the parallel segment can shift quickly based on local supply and demand dynamics.