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Naira Under Pressure as Dollar Trades at ₦1,515 on Black Market — September 26, 2025
Stay updated on today’s dollar to naira exchange rate, September 26, 2025 — CBN ₦1,502/$1, black market ₦1,515/$1. Pound ₦2,090, Euro ₦1,680.
The Nigerian naira continues to face strong pressure against major currencies, with the gap widening between the official Central Bank of Nigeria (CBN) rate and the parallel market rate. For businesses, travellers, and households, tracking the daily exchange rate has become increasingly vital.
Dollar to Naira (USD/NGN)
In the black market, the US dollar is trading at an average of ₦1,500 (buying) and ₦1,515 (selling) in Lagos, Abuja, and other major cities.
At the official Investors’ and Exporters’ (I&E) window, however, the CBN rate stands at ₦1,502 per $1, highlighting the persistent gap between both markets.
Quick reference:
- CBN rate: ₦1,502 → $1
- Black market: ₦1,515 → $1
Pound to Naira (GBP/NGN)
The British pound remains firm against the naira. The CBN quotes it at about ₦2,050 per £1, while street traders exchange it for roughly ₦2,090 per £1.
Quick reference:
- CBN rate: ₦2,050 → £1
- Black market: ₦2,090 → £1
Euro to Naira (EUR/NGN)
For the euro, the CBN’s official rate is around ₦1,635 per €1, while the black market rate hovers at ₦1,680 per €1.
Quick reference:
- CBN rate: ₦1,635 → €1
- Black market: ₦1,680 → €1
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