Aboki Naira to Dollar Black Market Exchange Rate Today, 9th December 2025

As Nigerians navigate the festive season buildup, the parallel market exchange rate for the US Dollar (USD) against the Nigerian Naira (NGN) – popularly known as the “Aboki” or black market rate – held steady on Tuesday, 9th December 2025.

Bureau De Change (BDC) operators in major cities, including Lagos, Abuja, Port Harcourt, and Kano, reported the Dollar selling at around ₦1,490 per USD.

Buying rates (where traders purchase Dollars from customers) hovered between ₦1,475 and ₦1,480, reflecting typical margins in the informal market.

This marks a slight firming from rates seen earlier in the week, where selling prices ranged from ₦1,465 to ₦1,490 on 8th December. The stability comes amid increased year-end demand for foreign currency, driven by travel, imports, and remittances, even as diaspora inflows provide some supply relief.

In comparison, the official rate at the Nigerian Foreign Exchange Market (NFEM), influenced by the Central Bank of Nigeria (CBN), remained around ₦1,450 per USD, highlighting the persistent premium in the parallel segment due to limited access to formal FX channels for individuals and small businesses.

Market watchers attribute the Naira’s relative resilience in early December to seasonal remittance boosts and controlled speculative activity. However, analysts caution that rates could face upward pressure if demand surges further ahead of the holidays.

Black market rates are unofficial and provided for informational purposes only. They can fluctuate hourly based on location and volume.

For transactions, always verify with licensed BDC operators and prioritize regulated channels where possible. Stay updated via reliable platforms like TheCityCeleb, Aboki Forex, or local networks.