Aboki Naira to Dollar Black Market Rate Today, 15th April 2025

On Tuesday, April 15, 2025, the Nigerian Naira saw slight fluctuations against the US Dollar in the parallel market, widely known as the “Aboki” exchange.

According to currency traders across major cities like Lagos, Abuja, and Port Harcourt, the Naira traded at an average of ₦1,610 per dollar during the day.

Street traders reported that the dollar was bought at around ₦1,595 and sold at approximately ₦1,625, showing marginal movement compared to the previous day’s figures. Analysts point to steady demand for dollars and ongoing speculative trading as key factors behind the rate stability. The Central Bank of Nigeria’s (CBN) recent efforts to manage forex supply may be contributing to the tempered volatility, although the black market continues to operate independently of official frameworks.

The parallel market remains a crucial outlet for individuals and businesses who face limited access to dollars via official channels. Regional differences persist due to the unregulated nature of the market—some traders in Abuja’s Zone 4 exchange corridor reported buying rates as low as ₦1,590 and selling rates around ₦1,620.

While the CBN works to stabilize the official exchange landscape, inflationary pressures and global economic uncertainties continue to influence Nigeria’s forex environment. As a result, many are closely watching for potential monetary policy updates that could impact market behavior in the near term.

For now, the Aboki market continues to serve as a key indicator of the Naira’s real-world value, reflecting the ongoing tug-of-war between supply, demand, and economic sentiment as of April 15, 2025.