Aboki Naira to Dollar Black Market Exchange Rate Today, 7th June 2026

The Nigerian naira continued to face mild pressure in the black market on Sunday, with currency dealers quoting the US dollar at around ₦1,395 for selling and ₦1,380 for buying, reflecting a narrow spread amid subdued weekend trading activity.

Traders in major hubs like Lagos, Abuja, and Kano reported steady demand from individuals and small businesses seeking dollars for travel, imports, and other transactions, even as overall volumes remained lower than on weekdays. This rate sits comfortably above the Central Bank of Nigeria’s official window, which hovered near ₦1,357 per dollar, underscoring the persistent gap between formal and informal segments of the foreign exchange market.

Market watchers attribute the naira’s resilience in recent sessions to improved foreign reserves and periodic interventions by authorities, though analysts caution that structural challenges such as import dependency and fluctuating oil revenues could keep volatility alive. Some Bureau de Change operators noted a slight uptick in dollar availability from diaspora remittances over the weekend, helping to prevent sharper depreciation.

For ordinary Nigerians, the parallel market rate remains the practical benchmark for many everyday dealings. A quick check across popular platforms like Aboki Forex showed the dollar trading in the ₦1,390–₦1,400 band, with similar trends for other major currencies, including the pound sterling and euro.

Economists urge the government to sustain reforms aimed at boosting non-oil exports and attracting foreign investment to narrow the divide between official and black market rates over the long term. As the new week begins, stakeholders will be monitoring any fresh policy signals from the apex bank that could influence liquidity and sentiment in the coming days.