Dollar to Naira Black Market Exchange Rate Today, Wednesday, November 26th 2025

The Nigerian Naira maintained stability against the United States Dollar in the parallel market mid-week as demand for foreign currency remained relatively moderate.

As of Wednesday, November 26th 2025, the Dollar to Naira Black Market exchange rate is ₦1,450 per dollar for buying and ₦1,460 per dollar for selling, based on confirmed quotes from major Bureau De Change (BDC) operators across Lagos, Abuja, Kano, and Port Harcourt.

This steady performance reflects a cautiously balanced FX environment heading into the peak holiday period, supported by strong remittance inflows and renewed market confidence. Traders note that while demand is gradually rising, dollar supply has been sufficiently responsive, keeping pricing restrained.

Dollar to Naira Black Market Rate Overview

Data verified via leading market trackers including Naijaonpoint.

How Much Is Dollar to Naira Today in Black Market?

As of this morning, the Dollar to Naira Black Market rate remains consistent across key commercial centers at:

• ₦1,450 per $1 (Buying Rate)

• ₦1,460 per $1 (Selling Rate)

Market dealers report that many importers are pacing their currency needs to avoid creating artificial spikes in pricing. At the same time, improved remittance flows from the diaspora have helped stabilize liquidity, a typical trend observed during Q4.

For the official and regulated FX benchmark, users should reference the Central Bank of Nigeria via CBN.

What Is Supporting the Naira Today?

Several positive market fundamentals are helping anchor the Naira mid-week:

✔ Strong Holiday Remittance Volume
More families abroad are wiring money home ahead of December festivities.

✔ Crude Oil Prices Above $85 per Barrel
Sustained oil market strength supports Nigeria’s forex reserves outlook.

✔ Controlled Import Demand
Businesses are sourcing dollars gradually instead of bulk rush orders.

✔ Reduced Speculation in the Informal Market
Currency traders are exercising caution to avoid triggering rate spikes.

✔ Steady FX Supply Flow
Market liquidity remains efficient enough to meet everyday transaction needs.

These factors collectively reduce volatility, allowing pricing to move within predictable daily bands.

Economic Implications

Stability in the Black Market rate continues to play a key role in inflation management and business operations:

Positive Outcomes

• Import-dependent companies can protect their margins more effectively

• Retailers may be able to moderate price increases for consumer goods

• Students and travelers enjoy more predictable foreign-exchange planning

• Investors find short-term FX risk more manageable

However, challenges still exist:

Lingering Risks

Black-market reliance remains high due to limited official access
Event-driven demand spikes could disrupt stability quickly
Inflation remains sensitive to imported-cost pressure

Short-Term Market Outlook

Analysts expect the Naira to trade between ₦1,445 and ₦1,465 per $1 this week — a range powered by growing festive activity but supported by good liquidity.

Potential influences on direction in the coming days include:

• Bulk import orders ahead of December

• Ticket purchases and overseas trips

• Global oil market fluctuations

• Policy adjustments from monetary authorities

So far, no major risk triggers have emerged, keeping sentiment cautiously positive.

Conclusion

The Dollar to Naira Black Market exchange rate today, Wednesday, November 26th 2025, stands at:

• ₦1,450 for buying

• ₦1,460 for selling

For accurate daily Forex performance updates, rely on trusted financial platforms:

Naijaonpoint
Aboki Forex
Central Bank of Nigeria

As Nigeria advances toward the busiest shopping stretch of the year, all eyes remain on liquidity trends and official policy signals, which will determine the Naira’s resilience in the Black Market going into December.