The Nigerian Naira traded barely weaker in opposition to the USA Greenback within the casual overseas trade market on Friday as renewed shopping for curiosity offset the improved liquidity seen earlier within the week.
As of Friday, February sixth 2026, the Greenback to Naira trade fee within the black market stands at ₦1,455 per greenback for getting and ₦1,465 per greenback for promoting, in accordance with verified quotations from Bureau De Change (BDC) operators in Lagos, Abuja, Port Harcourt, Kano, and different main FX buying and selling centres.
The marginal adjustment displays reasonable demand from importers and people making abroad funds forward of the weekend. Though the Naira had strengthened in earlier classes, right this moment’s pricing suggests the Greenback to Naira trade fee stays delicate to short-term shifts in provide and demand.
Greenback to Naira Black Market Fee Overview
| Date | Market Sort | Shopping for Fee (₦) | Promoting Fee (₦) | Motion |
|---|---|---|---|---|
| Fri, Feb 6, 2026 | Black Market | 1,455 | 1,465 | +₦5 ▲ |
| Thu, Feb 5, 2026 | Black Market | 1,450 | 1,460 | — |
| Official Fee (CBN) | — | — | — | See https://www.cbn.gov.ng |
Charges compiled from each day market surveys and verified utilizing updates printed by https://investorsking.com.
How A lot Is Greenback to Naira As we speak in Black Market
The Greenback to Naira trade fee right this moment within the black market is buying and selling throughout the ₦1,455 – ₦1,465 vary throughout main cities. Sellers report that transactions are closing close to the promoting fee as consumers improve exercise earlier than the weekend.
BDC operators say importer demand stays regular, notably from companies securing overseas forex for upcoming shipments. Households making abroad tuition and journey funds have additionally contributed to market exercise. Whereas greenback provide stays sufficient, right this moment’s modest uptick within the Greenback to Naira fee displays stronger shopping for momentum in comparison with earlier classes.
For official exchange-rate benchmarks, interbank information, and regulatory steerage, the Central Bank of Nigeria stays the authoritative supply:
https://www.cbn.gov.ng
Key Drivers of As we speak’s Greenback to Naira Motion
A number of elements are influencing the Greenback to Naira trade fee in right this moment’s buying and selling session:
🔹 Weekend Positioning
Some merchants and companies want holding {dollars} forward of the weekend, growing demand.
🔹 Ongoing Import Financing
Early-February procurement cycles proceed to generate regular FX demand.
🔹 Balanced Liquidity Situations
Whereas exporters and personal sellers stay energetic, shopping for curiosity has elevated.
🔹 Decreased Speculative Stress
In comparison with January’s volatility, speculative exercise stays restricted.
🔹 Secure Oil Costs
International crude oil costs stay supportive of Nigeria’s FX earnings outlook.
These mixed elements clarify the reasonable improve within the Greenback to Naira trade fee right this moment.
Financial Implications
The present Greenback to Naira fee carries blended implications for the Nigerian financial system:
Constructive Indicators
FX liquidity stays accessible
Market volatility stays managed
Companies can plan short-term procurement prices
Ongoing Challenges
Alternate charges stay elevated relative to historic ranges
Import prices proceed to impression SMEs
Inflationary dangers persist if depreciation resumes
Economists word that whereas right this moment’s motion is modest, sustained provide enhancements are essential to keep up stability within the Greenback to Naira trade fee.
Market Outlook
Consultants anticipate the Greenback to Naira trade fee to stay inside a comparatively slim band as February progresses, offered liquidity situations stay steady.
Projected short-term buying and selling vary: ₦1,445 – ₦1,475 per greenback
Market individuals will monitor:
Conclusion
The Greenback to Naira black market trade fee right this moment, Friday, February sixth 2026, stands at:
₦1,455 per greenback for getting
₦1,465 per greenback for promoting
For dependable each day overseas trade updates and trusted market evaluation, Nigerians proceed to depend on:
https://investorsking.com
https://www.cbn.gov.ng
As February continues, the stability between regular demand and bettering liquidity will decide the path of the Greenback to Naira trade fee within the black market.
