Dollar-to-Naira Exchange Rates Today

Dollar-to-Naira Exchange Rates Today — September 8, 2025
Official rate near ₦1,520 mid-market estimate, based on recent data.
CBN urges use of licensed institutions amid persistent rate disparities

Here’s the latest on USD–NGN exchange rates in Nigeria’s parallel (black) market and the official Central Bank of Nigeria (CBN) rate:

Black Market (Parallel Market / Aboki FX)

EDITOR’S PICKS

EKO HOT BLOG reports tha actual figures for Sunday, September 8, 2025, are not available from verified sources. The most recent data from OsunDefender—covering Friday, September 5—reports:

Buying rate: ₦1,525 per USD
Selling rate: ₦1,535 per USD

Although the article originally listed rates for September 7 incorrectly referenced as September 8, no updated data exists beyond this date.

CBN Official Rate

According to Wise, the mid-market rate (often used as a proxy for the official benchmark) as of September 3 is around ₦1,518.74 per USD. The reported range over the past week spans ₦1,518.74 to ₦1,550.70.

Historical data from ValutaFX also supports this range: USD/NGN has hovered between ₦1,517.6 and ₦1,526.1 during the first days of September.

Revised Exchange Rates Table

Market	Buying Rate (₦)	Selling Rate (₦)
Black Market (Par- all- Market, BDCs)	1,525	1,535
CBN (Official/Mid-Market Estimate)	—	approx. 1,520*

*Reflects the mid-market value; actual CBN rates (buy/sell) are often similar but may vary slightly.

Key Notes

The black market rates continue to reflect supply shortages and market demand, remaining several naira higher than official benchmarks.
The CBN discourages parallel market use and insists Nigerians transact through licensed channels to ensure transparency and protect the naira.

Let me know if you’d like a brief commentary on the trend or economic implications of these rates.

Black Market (Parallel Market / Aboki FX)

CBN Official Rate

Revised Exchange Rates Table

FURTHER READING