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Dollar to Naira Exchange Rate Today, September 3, 2025
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CBN official rates close lower, ranging between ₦1,530 and ₦1,522.
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Exchange rate fluctuations highlight forex supply and demand pressures nationwide.
The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to fluctuate as traders, investors, and ordinary Nigerians monitor the value of the local currency across different platforms.
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EKO HOT BLOG reports that at the parallel market (black market), also known as Aboki FX, the Naira traded lower against the Dollar on Wednesday, September 3, 2025.
Dollar to Naira Black Market Rate Today
According to traders at the Lagos Bureau De Change (BDC), the exchange rates stood as follows:
| Dollar to Naira (USD to NGN) | Black Market Exchange Rate (Sept 3, 2025) |
|---|---|
| Buying Rate | ₦1,545 |
| Selling Rate | ₦1,525 |
This shows a slight depreciation of the Naira compared to the previous day’s rate.
Dollar to Naira CBN Rate Today
It is important to note that the Central Bank of Nigeria (CBN) does not recognize the black market for official transactions. Instead, all forex dealings are expected to go through banks and other authorized financial institutions.
At the CBN window, the official rates as of September 3, 2025, were:
| Dollar to Naira (USD to NGN) | CBN Exchange Rate (Sept 3, 2025) |
|---|---|
| Highest Rate | ₦1,530 |
| Lowest Rate | ₦1,522 |
Key Note
Rates in the black market and even at official platforms often vary depending on location, demand, and availability of foreign currency. Nigerians are therefore advised to verify rates with their financial institutions before carrying out transactions.
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