Naira to Dollar exchange rate today, Friday, September 25, 2026

The latest figure represents a slight movement from Thursday’s official closing rate of N1,328.00 per dollar, with market activity remaining relatively calm.

Parallel market maintains narrow range Outside the official market, dollar prices also remained fairly steady. Currency dealers in major commercial centres such as Lagos and Abuja quoted the greenback at around N1,370 for buying and between N1,374 and N1,380 for selling.

Based on the parallel-market selling rate of N1,374, a person seeking $100 would need about N137,400, while $1,000 would cost approximately N1.374 million.

Using the NFEM rate of N1,326.06, $1,000 would translate to roughly N1.326 million. Difference between the two markets The figures put the difference between the official rate and parallel-market selling prices at roughly N48 to N54 per dollar, depending on the parallel-market rate used.

The relatively contained gap indicates that dollar prices in the two market segments have continued to trade within a comparatively close range.

CBN policies and dollar supply The recent stability has been associated by market observers with foreign-exchange measures implemented by the Central Bank of Nigeria (CBN), alongside the country’s foreign reserve position.

With available dollar supply reportedly meeting immediate demand from importers, trading activity is expected to remain relatively calm as the week ends.