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

The Nigerian Naira continues to trade at ₦1,420 per US Dollar in the parallel (black) market today, according to real-time updates from Aboki Forex and related platforms.

This rate represents the selling price (what buyers pay to acquire dollars from dealers), while the buying rate (what dealers pay individuals selling dollars) is typically around ₦1,400 or slightly lower, maintaining a narrow spread consistent with recent trends.

Key Highlights:

• Black Market (Parallel Market) Rate: ₦1,420 per $1 (sell) / Approximately ₦1,395–₦1,400 (buy), as tracked by Aboki Forex and BDC operators in major cities like Lagos, Abuja, Port Harcourt, and Kano.
• Official Market (NFEM/CBN Window): The Naira trades closer to ₦1,391–₦1,395 per dollar in the official Nigerian Foreign Exchange Market, showing a very tight gap of about 1–2% between official and informal rates—a sign of improved FX liquidity and reduced arbitrage opportunities compared to previous years.
• Recent Movement: The parallel market rate has shown stability in the ₦1,410–₦1,430 range over the past week, with minor upward pressure from retail demand for travel, small imports, and personal remittances. Today’s figure aligns closely with March 8 levels.

Traders note that sustained CBN interventions, stronger external reserves, and convergence between official and parallel segments have kept volatility low. However, the ongoing demand for foreign currency in the informal sector persists amid economic pressures.

For the most accurate, up-to-the-minute quotes, check trusted platforms like Aboki Forex or local BDCs, as rates can fluctuate throughout the day based on supply and demand.

Note: Black market rates are unregulated and vary by location, dealer, and transaction size. Always exercise caution in informal exchanges.