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Dollar to Naira Exchange Rate Today, 26th September 2025.
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CBN rate stands between ₦1485 and ₦1491 per dollar.
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Forex scarcity continues to fuel pressure on the naira.
The Nigerian currency continues to face pressure as the dollar trades high against the naira in the parallel market. According to traders at the Lagos black market, the naira remains volatile as demand for foreign exchange rises.
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EKO HOT BLOG reports that at the parallel market, popularly known as Aboki FX, the dollar was exchanged at ₦1,520 for buying and ₦1,510 for selling on Thursday, 25th September 2025, according to sources at Bureau De Change (BDC) operators.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate |
|---|---|
| Buying Rate | ₦1520 |
| Selling Rate | ₦1510 |
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Exchange Rate |
|---|---|
| Highest Rate | ₦1491 |
| Lowest Rate | ₦1485 |
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, also known as the black market. The apex bank has directed individuals and businesses seeking foreign exchange to approach their respective banks and authorized dealers.
Despite this, many Nigerians continue to patronize the black market due to difficulties in accessing dollars through official channels. Traders warn that rates may vary depending on location, demand, and availability of foreign currency.
The continuous fluctuations in the naira-to-dollar exchange rate remain a source of concern for importers, businesses, and households, with analysts urging the federal government to address forex scarcity through sustainable economic reforms.
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