Naira to Dollar official & black market rates today, Tuesday, January 6, 2026

The Nigerian naira traded around ₦1,431.47 per dollar at the official window and ₦1,495–₦1,510 per dollar in the parallel market during early trading on Tuesday, January 6, 2026.

The local currency remained broadly steady against the United States dollar across official and informal markets, reflecting mild movements at the start of the trading week.

Data from the Nigerian Foreign Exchange Market showed marginal fluctuations, with the naira posting a slight improvement from levels recorded in the first days of the year.

Official and parallel market trends

At the official window, the naira firmed modestly from rates near the ₦1,440 mark, indicating cautious optimism among market participants.

In the parallel market, also known as the black market, the currency continued to trade at a premium to the official rate.

Bureau De Change operators in Lagos, Abuja, and Kano quoted buying and selling rates between ₦1,495 and ₦1,510 per dollar.

The wide gap between both markets remains under close watch by investors and policymakers.

The Central Bank of Nigeria continues measures aimed at improving liquidity and encouraging transparent price discovery.

Analysts attribute the relative stability to balanced demand for school fees and seasonal imports.

They also point to consistent market interventions and improved foreign portfolio inflows as supporting factors.

Despite the mild appreciation at the official window, households remain exposed to exchange rate volatility.

Imported goods and living costs continue to react quickly to any movement in the foreign exchange market.