- Dollar to Naira Exchange Rate Today – 25th June 2025.
- CBN official rate remains around ₦1,550 per dollar today.
- Forex rates vary across dealers, locations, and transaction volumes.
The Dollar to Naira exchange rate continues to fluctuate as traders and market players adjust to ongoing forex challenges in Nigeria.
What is the Dollar to Naira Exchange Rate at the Black Market Today?
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EKO HOT BLOG reports that according to reports from Bureau De Change (BDC) operators in Lagos and key markets, the black market dollar to naira rate for Wednesday, June 25, 2025, is as follows:
Dollar to Naira Black Market Rate Today
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| USD to NGN | ₦1,580 | ₦1,605 |
This means dollar buyers in the parallel market are purchasing at ₦1,580 per dollar and selling at ₦1,605 per dollar.
It is important to note that the Central Bank of Nigeria (CBN) does not recognise black market rates. The apex bank has directed all forex transactions to be conducted through commercial banks and authorised dealers.
Dollar to Naira CBN Official Rate Today
| Currency | Highest Rate | Lowest Rate |
|---|---|---|
| USD to NGN | ₦1,550 | ₦1,547 |
The CBN official rate remains significantly lower than the black market rate. However, forex accessibility at official channels remains limited, driving continued demand in the parallel market.
Note: Rates may vary depending on location, dealer, and transaction volume.
Stay with Ekohotoblog for daily updates on forex rates, business news, and market trends.
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