- Dollar to Naira Rate for Today – 29th November 2025 (Official).
- Demand pressures keep widening the gap between official and parallel exchange rates.
- Import costs and remittances remain affected as Nigerians.
Below is today’s Naira–Dollar rate update for 29 November 2025, followed by a short overview of what the figures mean for ordinary Nigerians.
EDITOR’S PICKS
- Lagos East Senator, Tokunbo Abiru Celebrates Men on International Men’s Day
- Nathaniel Bassey Condemns Kwara, Kebbi Attacks
- 42 Countries Confirm 2026 World Cup Qualification As UEFA Sets Playoff Paths
EKO HOT BLOG reports that the official rate the one used by banks and regulated foreign exchange platforms stands at about ₦1,457 to the dollar. On the parallel (black) market, where demand for foreign currency is typically higher and documentation requirements looser, the naira sells at about ₦1,465 per dollar.
| Market | ₦ / US$ |
|---|---|
| Official (NFEM) rate | 1,457 |
| Black market (parallel) rate | ≈ 1,465 |
The gap between official and black-market rates reflects persistent supply constraints in the formal FX market and high demand for dollars by importers, businesses and individuals.
For Nigerians sending or receiving remittances, paying for education abroad or importing goods, the official rate remains the safest and most reliable. Meanwhile, those needing quick cash or lacking documentation often rely on the parallel market — albeit at a premium, and with higher risks.
The existence of dual rates also adds uncertainty to business planning and import costs, contributing to inflationary pressure as importers pass dollar-based costs to consumers.
