- Dollar to Naira Rate for Today December 6 2025.
- Official rates stayed relatively stable as liquidity remained tight.
- Businesses face higher forex costs as festive season pressures increase.
As of Saturday, 6 December 2025, the U.S. dollar continues to trade at a significant premium on Nigeria’s parallel market even as official rates remain comparatively stable.
EDITOR’S PICKS
- INEC Ends Phase 1 Voter Registration Dec 10
- Why CBN Increasing ATM Withdrawal Limit Matters
- Fire Service Officer Dies as One-Way Rider Causes Fatal Crash in Lagos
Current Exchange Rates
| Market Type | Buying Rate (₦/USD) | Selling Rate (₦/USD) |
|---|---|---|
| Black Market / Parallel | ₦ 1,475 | ₦ 1,490 |
| Official (CBN / NFEM) | ₦ 1,450 | ₦ 1,450 – ₦ 1,448 |
-
The black-market (parallel market) rates — widely used in cities such as Lagos, Abuja and Kano — show the dollar being bought at ₦1,475 and sold at ₦1,490.
-
At the official window, the average rate hovers around ₦1,450 per dollar, reflecting the volume-weighted average published by the Central Bank of Nigeria (CBN).
What This Means for Traders and Consumers
EKO HOT BLOG reports that demand for U.S. dollars remains high at the parallel market ahead of the year-end period. This continues to widen the gap between black-market and official exchange rates. Importers, travellers and Nigerians sending money abroad are likely to experience higher costs when using unofficial channels. Meanwhile, those using legitimate banking and NFEM channels may benefit from relative stability, but availability can still be tight depending on liquidity.
The persistent spread between parallel-market and official rates underlines the challenges facing Nigeria’s foreign-exchange market — including limited dollar supply, pressure from import demand, and ongoing macroeconomic uncertainty.
Users and businesses are advised to compare rates, verify exchange costs, and prefer official windows when possible — but remain aware of daily fluctuations if they rely on black-market dealers.
