Dollar to Naira Rate Today December 16 2025 Black Market, CBN Rates

The dollar to naira exchange rate remained under pressure on Tuesday December 16 2025, as foreign exchange demand continued to outweigh supply across both the official and parallel markets. Market operators say persistent demand from importers, travellers and businesses is still shaping daily price movements.

EDITOR’S PICKS 

• Two Dead, 10 Injured in Road Crash Along Ikorodu Road
• ‘₦739 Petrol Price Begins Tuesday’ – Dangote Assures Nigerians
• NAF Destroys Terrorist Logistics Hub in Southern Tumbuns Air Strike

EKO HOT BLOG reports that at the black market, also known as the parallel market, the naira weakened slightly against the United States dollar compared to previous sessions. Traders attributed the movement to limited dollar inflows and cautious sentiment among dealers, despite ongoing regulatory monitoring of the forex market.

Below is the exchange rate table for today.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

At the official window, the Central Bank of Nigeria recorded lower exchange rates compared to the black market. The gap between both markets continues to reflect pressure on Nigeria’s foreign reserves and ongoing efforts to stabilise the naira.

Financial analysts advise individuals and businesses to rely on verified daily updates, noting that exchange rates may change within hours depending on market forces, policy signals and global economic trends.

Nigerians are also encouraged to plan foreign currency transactions carefully amid continued volatility.

FURTHER READING

• Lagos Begins Installation of 22,000 Solar Streetlights Across Major Roads
• ‘Yakubu Gowon Is Alive and in Good Health’ – Aide Debunks Death Rumours
• US, Nigeria Close to Security Framework to Tackle Terrorism