About Us
Aboki Dollar is Nigeria's most trusted and comprehensive platform for real-time currency exchange rates. Since our inception, we have been committed to providing Nigerians with accurate, up-to-date information on both official CBN rates and parallel market (black market) rates for major currencies including the US Dollar, British Pound, Euro, Canadian Dollar, and more. Our platform serves thousands of users daily—from individual travelers and diaspora families to business owners, forex traders, and financial professionals—who rely on our data to make informed currency exchange decisions. We understand that in Nigeria's dynamic forex market, having access to reliable rate information can mean the difference between a good deal and a costly mistake.
Trusted by people at
Our Mission
Our mission is to democratize access to accurate currency exchange information across Nigeria. We believe that every Nigerian—whether in Lagos, Abuja, Port Harcourt, or any corner of the country—deserves transparent, real-time access to forex rates without hidden agendas or manipulation. We aggregate data from multiple verified sources including the Central Bank of Nigeria (CBN), FMDQ Securities Exchange, and licensed Bureau de Change (BDC) operators to provide the most comprehensive view of Nigeria's currency market. By offering this information freely and transparently, we empower individuals and businesses to make better financial decisions, avoid exploitation, and navigate Nigeria's complex forex landscape with confidence. We are committed to maintaining the highest standards of data accuracy, updating our rates multiple times daily to reflect real market conditions.
Our Vision
We envision a Nigeria where currency exchange is transparent, fair, and accessible to all. Our goal is to become the definitive source for forex information in Nigeria, expanding beyond just rates to provide comprehensive financial education, market analysis, and tools that help Nigerians understand and navigate the complexities of currency exchange. We aim to build a platform that not only informs but also educates—helping users understand why rates fluctuate, how to identify fair exchange opportunities, and how to protect themselves from forex scams. As we grow, we plan to introduce advanced features including historical rate analysis, predictive trends, personalized rate alerts, and educational resources that empower every Nigerian to become more financially savvy. We believe that through transparency and education, we can contribute to a more stable and equitable forex market in Nigeria.
Our Expertise
Our team comprises financial technology professionals, forex market analysts, and software engineers with deep expertise in Nigeria's currency markets. We have spent years studying the intricacies of Nigeria's dual exchange rate system, understanding the factors that drive both official and parallel market rates, and building relationships with verified data sources across the country. Our expertise extends beyond just technology—we understand the regulatory environment, the role of the Central Bank of Nigeria in forex policy, the operations of Bureau de Change operators, and the real-world challenges Nigerians face when exchanging currency. This combination of technical skill and market knowledge allows us to provide not just data, but context and insight that helps our users make truly informed decisions. We continuously invest in training and market research to ensure our team stays ahead of market developments and regulatory changes.
Our Data Sources
Transparency is at the heart of everything we do, which is why we're completely open about where our data comes from. Our exchange rates are sourced from multiple verified and authoritative sources to ensure accuracy and reliability. For official rates, we pull data directly from the Central Bank of Nigeria (CBN) and FMDQ Securities Exchange, which publishes the Nigeria Autonomous Foreign Exchange Market (NAFEM) rates. For parallel market (black market) rates, we work with a network of licensed Bureau de Change (BDC) operators who are members of the Association of Bureaux De Change Operators of Nigeria (ABCON). We also conduct independent market research through verified partners across major Nigerian cities including Lagos, Abuja, Port Harcourt, and Kano. All our data sources are vetted for credibility and reliability, and we never rely on single-source information. By aggregating data from multiple trusted sources, we provide the most comprehensive and accurate view of Nigeria's forex market.
Accuracy & Update Frequency
We understand that in the fast-moving forex market, outdated information is as bad as no information at all. That's why we update our exchange rates multiple times throughout each business day—typically every 15-30 minutes during active trading hours. Our automated systems continuously monitor our data sources and update rates in real-time as new information becomes available. Each rate displayed on our platform includes a timestamp showing exactly when it was last updated, so you always know how current the information is. We maintain strict accuracy standards: all rates are cross-verified against multiple sources before publication, and any significant discrepancies trigger manual review by our team. During periods of high market volatility or major economic announcements, we increase our update frequency to ensure our users have access to the most current information possible. Our commitment is simple: when you check Aboki Dollar, you're seeing the most accurate, up-to-date rates available anywhere in Nigeria.
Our Fact-Checking Process
Every piece of data on Aboki Dollar goes through a rigorous verification process before it reaches your screen. When we receive rate information from any source, our systems automatically cross-reference it against data from at least two other independent sources. If rates from different sources vary by more than a predetermined threshold, our system flags it for manual review by our team. We maintain historical rate data that allows us to identify unusual fluctuations or anomalies that might indicate data errors. For news and market analysis content, we follow strict editorial standards: all claims are fact-checked against official sources, all statistics are verified, and all expert opinions are properly attributed. We never publish unverified rumors or speculation. If we make an error, we correct it immediately and transparently. This multi-layered verification process ensures that Aboki Dollar maintains the highest standards of accuracy and reliability, giving you the confidence to make important financial decisions based on our data.