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

The Nigerian naira maintained a relatively stable position in the black market today, with traders buying the US dollar at around ₦1,400 and selling it at approximately ₦1,410, according to widely tracked Aboki rates.

This parallel market level reflects a modest premium over the official rate, which hovered near ₦1,376 per dollar. Market participants in major cities including Lagos, Abuja, and Kano reported consistent quotes throughout the morning, with minimal fluctuations observed in early trading sessions.

Currency dealers attributed the steadiness to a balance between steady dollar supply from remittances and continued demand driven by importers and individuals seeking foreign exchange for travel and business needs. Despite recent interventions by monetary authorities, the gap between official and parallel rates persists, highlighting lingering challenges in unifying the forex windows.

Economists note that broader factors such as oil revenue inflows, inflation trends, and global commodity prices continue to influence the naira’s trajectory. While some analysts express cautious optimism about potential improvements if fiscal policies tighten further, many businesses remain wary of volatility in the coming weeks.

For everyday Nigerians relying on the parallel market for transactions, the current rates mean that exchanging $100 would yield roughly ₦141,000. Experts advise monitoring updates closely, as forex conditions can shift rapidly based on policy announcements or external economic signals.