Aboki Naira to Dollar Black Market Exchange Rate Today, 9th January 2026

As of Friday, 9th January 2026, the Nigerian naira trades steadily in the parallel market (commonly known as the black market or Aboki rate), with Bureau de Change (BDC) operators in major cities quoting the US dollar at around ₦1,495 per $1 for selling.

Traders in Lagos, Abuja, Port Harcourt, and Kano report buying rates between ₦1,485 and ₦1,490, reflecting minor fluctuations from the previous day’s levels amid typical mid-week demand for foreign currency.

This follows a slight depreciation observed earlier in the week, driven by post-holiday import needs and seasonal forex pressures. However, the naira has shown resilience entering 2026, supported by improved foreign reserves exceeding $45 billion at the end of 2025 and stable oil revenues.

In comparison, the official rate at the Nigerian Foreign Exchange Market (NFEM), regulated by the Central Bank of Nigeria (CBN), remains stronger at approximately ₦1,423–₦1,450 per $1, as efforts continue to narrow the gap between official and parallel markets through enhanced liquidity measures.

Market analysts remain cautiously optimistic, noting that sustained oil prices and CBN policies could maintain relative stability in the coming weeks. Traders emphasize that rates are indicative and can vary by location, volume, and time of transaction.

The CBN advises using authorized channels for official transactions to avoid risks associated with informal markets. Rates are subject to rapid changes; consult reputable BDC operators or real-time trackers for the latest updates.