- Dollar to Naira Rate Today, 15 January 2026: Official
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Black market rate near ₦1,460–₦1,470 per dollar.
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Rate gap reflects ongoing forex supply and demand imbalance.
On 15 January 2026, the exchange rate between the United States dollar (USD) and the Nigerian naira (NGN) remained under pressure across major trading channels, reflecting persistent foreign exchange market dynamics.
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EKO HOT BLOG reports that at the official foreign exchange market, data from recent sessions indicate the naira traded in a narrow range around ₦1,420 to ₦1,430 per US dollar. This follows steady performance in the Nigerian Foreign Exchange Market, where the currency has shown relative stability after early-year marginal movements. Analysts attribute the controlled range to improved liquidity, ongoing Central Bank of Nigeria (CBN) interventions, and portfolio inflows supporting the naira’s position.
In the parallel market, also known as the black market or Aboki FX, Bureau De Change (BDC) operators in major hubs quoted the dollar at about ₦1,460 for buyers and ₦1,470 for sellers on Wednesday, 14 January 2026. These rates are widely referenced into today’s market and reflect ongoing informal market activity shaped by demand pressures and limited forex availability.
The gap between the official and parallel market rates remains a key feature of Nigeria’s forex environment, highlighting supply–demand imbalances. While the official window offers regulated pricing and is used for bank-driven and institutional forex transactions, the parallel market continues to influence pricing for individuals and small businesses seeking quicker access to dollars.
Market participants say the naira’s performance will continue to be influenced by FX policies, government revenue flows, remittances, and global economic conditions that affect dollar demand and supply.
Exchange Rate Table – 15 January 2026
| Market | Buying (₦) | Selling (₦) |
|---|---|---|
| Official (NFEM/CBN-linked) | ~1,420 | ~1,430 |
| Parallel/Black Market (Aboki FX) | 1,460 | 1,470 |
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