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Nigeria’s foreign exchange market recorded another day of fluctuating values as the naira continued to trade differently across official and unofficial currency channels, reflecting ongoing demand pressures within the economy. Market observers noted that activity…
Nigeria’s foreign exchange landscape continues to attract attention as traders, businesses, and individuals closely monitor movements between the naira and the United States dollar. Daily fluctuations in both official and unofficial markets remain a key…
The naira continues to trade at a noticeable gap between Nigeria’s informal and official foreign exchange windows. As of January 15, 2026, activity in the parallel market — commonly known as Aboki FX — reflects…
The Nigerian currency continued to face pressure in the parallel market on January 14, 2026, with traders quoting the United States dollar at higher rates compared to the official window. Activity across Bureau De Change…
Nigeria’s foreign exchange environment continues to reflect persistent pressure on the local currency, with the U.S. dollar maintaining a dominant position against the naira in unofficial trading channels. Activity in the parallel market—often referred to…
The Lagos parallel market, commonly referred to as Aboki FX, remains a key reference point for Nigerians looking to exchange dollars outside official channels. On Sunday, January 11, 2026, the black market rate for the…
The Dollar-to-Naira rate on Nigeria’s parallel market, also known as the Aboki FX or black market, has seen minor fluctuations. For traders operating outside formal banking channels, the U.S. dollar is currently being sold at…