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Dollar To Naira Exchange Rate Today, September 16, 2025.
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CBN rates range between ₦1492 and ₦1502 across official channels.
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Forex prices may vary due to demand, location, and transaction volume.
The naira continued to trade under pressure against the US dollar across different markets on Tuesday, September 16, 2025.
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EKO HOT BLOG reports that at the Lagos parallel market (black market), Bureau De Change (BDC) operators reported that the dollar was bought at ₦1525 and sold at ₦1515. This shows a slight adjustment compared to Monday’s figures when traders bought at ₦1522 and sold at ₦1506.
Dollar to Naira Black Market Rate Today
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate Today |
|---|---|
| Buying Rate | ₦1525 |
| Selling Rate | ₦1515 |
Meanwhile, the Central Bank of Nigeria (CBN) maintains its official stance that the parallel market is not recognised. Individuals and businesses seeking foreign exchange are urged to use the official banking channels.
Dollar to Naira CBN Rate Today
| Dollar to Naira (USD to NGN) | CBN Rate Today |
|---|---|
| Highest Rate | ₦1502 |
| Lowest Rate | ₦1492 |
It is important to note that forex rates vary depending on demand, location, and volume of transactions. The rate at which dollars are bought or sold may differ from those listed.
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