- Dollar To Naira Exchange Rate Today, April 25, 2026
- Official rate ranges between ₦1348 and ₦1360
- Forex demand continues to pressure local currency
The naira recorded slight fluctuations against the United States dollar in both the official and parallel markets on Saturday, April 25, 2026, reflecting continued pressure on Nigeria’s foreign exchange market.
At the black market, also known as the parallel market, traders in Lagos reported that the dollar was sold at ₦1405 and bought at ₦1395. The marginal movement from previous days highlights ongoing demand for foreign currency, particularly from importers and individuals seeking access outside official channels.
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Selling Rate ₦1405
Buying Rate ₦1395
At the official market, data from the Central Bank of Nigeria showed that the naira traded within a controlled band, with the highest rate at ₦1360 and the lowest at ₦1348. The apex bank continues to maintain regulatory oversight, encouraging Nigerians to conduct forex transactions through authorised financial institutions.
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate ₦1360
Lowest Rate ₦1348
Despite policy efforts, the gap between the official and parallel markets remains, driven by supply constraints and strong demand. Analysts say improved liquidity and sustained reforms will be key to narrowing this disparity and stabilising the naira in the coming months.
