Dollar to Naira Rate Today, November 12, 2025: Official

• Dollar to Naira Rate Today, November 12, 2025: Official

• Forex scarcity keeps pressure on naira value

• Analysts urge policy reforms for rate stability

The Nigerian naira showed marginal movement on Wednesday, November 12, 2025, as the official window quoted the US dollar at approximately ₦1,437, while the parallel market rate ranged between ₦1,460 and ₦1,470 per US dollar.

EDITOR’S PICKS 

• Emirates To Resume Flights To Nigeria After Two-Year Suspension
• Trump: BBC Questions Data Behind ‘Christian Genocide’ Claims In Nigeria
• PDP Faction Postpones Ekiti Governorship Primary

EKO HOT BLOG reports that according to the Central Bank of Nigeria (CBN), the rate was recorded at ₦1,437.29 on Monday, representing only a slight depreciation of 72 kobo.

In contrast, data from the black-market and BDC (Bureau de Change) sources report higher rates: one platform lists the selling price at about ₦1,460 and the buying price around ₦1,455.

The persistent gap between official and parallel rates continues to reflect dollar scarcity and ongoing demand pressures.

Exchange Rate Table: November 12 2025

Despite the central bank’s rate stability, the parallel market remains active with rates higher by roughly ₦20 to ₦30 per dollar. Analysts attribute this divergence to tight dollar supply, elevated imports, and speculative demand. The broader economic context—including inflation and foreign reserves—also plays a role in shaping expectations and pricing.

For businesses, importers and individuals seeking USD, the dual-rate environment means planning for higher costs if sourcing from the informal market. While the official rate provides a benchmark, many transactions must factor in the premium in the parallel segment to reflect realistic conversion costs.

FURTHER READING

• Tinubu Swears In Two New Ministers
• Hilda Baci Receives Second Guinness World Record Plaque
• Senate Passes Landmark Bill: Lecturers Who S3xually Harass Students to Face 14 Years in Jail