Dollar To Naira Exchange Rate Today, March 4th, 2026

• Dollar To Naira Exchange Rate Today, March 4th, 2026
• CBN highest rate hits ₦1405 on Wednesday
• Exchange rate volatility persists across Nigerian markets

The Dollar to Naira exchange rate remained volatile on Wednesday, March 4, 2026, across both the black market and the official window of the Central Bank of Nigeria.

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EKO HOT BLOG reports that traders in Abuja and Lagos reported that the parallel market continued to reflect strong demand for the United States dollar, with rates staying above the ₦1,350 mark amid persistent pressure on foreign exchange supply.

Dollar to Naira Black Market Rate Today

Dollar to Naira CBN Rate Today

At the official market, the CBN window recorded a highest rate of ₦1405 and a lowest rate of ₦1370, showing a narrow spread compared to the parallel market. The gap between the official and black market rates continues to influence import costs, business transactions and household spending.

Currency analysts say fluctuations are largely driven by global oil prices, foreign reserve levels and ongoing reforms in Nigeria’s foreign exchange policy.

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