Breaking News
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.....TAP TO CONTINUE READING
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
Date Market Type Buying (₦) Selling (₦) Movement
Wed, Nov 26, 2025 Black Market 1,450 1,460 —
Tue, Nov 25, 2025 Black Market 1,455 1,465 +₦5 ▲
Official Rate (CBN) — — — See CBN Official Portal
Data verified via leading market trackers including Investors King.
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:
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.
Breaking News
BREAKING: “Some people are tormenting Nigeria with orchestrated insecurity” – Akpabio reveals
Senate President Godswill Akpabio has declared that Nigeria is grappling with what he described as “organised and orchestrated insecurity” driven by terrorism, banditry and insurgency.....TAP TO CONTINUE READING
Akpabio spoke on Thursday at the 14th national caucus meeting of the All Progressives Congress (APC) at the state house conference centre in Abuja.
His words: “We are very sad that people have decided to torment Nigeria with very serious, organised and orchestrated insecurity.
“So as we grow there will be envy, there will be jealousy, and with jealousy comes hatred, and with hatred comes challenges.
“So Mr. President, ours in this caucus today is to assure you that we are not only with you, we are also praying for you, praying for you to overcome the challenges of the day, and also praying for Nigeria.”
The Senate President said the caucus aligned with states mourning lives lost to attacks by terrorists, bandits and insurgents.
He commended President Bola Tinubu for securing the release of more than 100 children kidnapped recently.
“We thank the President for the release of over 100 children who were kidnapped very recently, and we pray to God to give him the ability and the enablement to release the remaining children to rejoin their families,” Akpabio said.
He consoled families of victims and members of the armed forces killed in the line of duty.
“We condole with members of the families who have lost their loved ones, including the armed forces, who lost their lives in the course of trying to protect not just those children, but protecting lives and properties in the country,” he said.
Akpabio said Nigeria’s stability is closely linked to developments in neighbouring countries.
He praised Tinubu for intervening in the Benin Republic to stabilise democracy and urged sustained regional engagement.
Akpabio disclosed that the Senate had taken what he described as “bold decisions” to deter criminality.
He said lawmakers were pushing to classify kidnapping as terrorism, making kidnappers liable to the death penalty once the bill receives presidential assent.
The Senate President also urged governors to enforce laws on capital offences, warning that reluctance to sign execution warrants could embolden criminals.
Breaking News
BREAKING NEWS: Deputy Superintendent of Police, DSP Dies in Suspected Suicide Over Alleged Arms Supply to Bandits – FULL DETAILS
A Deputy Superintendent of Police, DSP, Isah Abdullahi, also known as Kunkuri, attached to MOPOL 12 in Minna, Niger State, has died after shooting himself with a pistol in the armoury he headed.....TAP TO CONTINUE READING
The tragic incident followed allegations linking him to the supply of arms and ammunition to bandits and other criminals in the state.
The crisis began for the deceased DSP during a routine audit of MOPOL 12’s armoury by detectives from Abuja, who discovered 13 missing AK-47 rifles and over 2,000 rounds of ammunition.
It was gathered that further investigation led to the arrest of Inspector John Moses, attached to the Niger State Government House, who confessed that the late DSP supplied him with arms for delivery to bandits in Erena, Shiroro Local Government Area. Moses reportedly named his brother, an informant to the criminals, as the middleman in the deal.
Against this background, the suspects were taken to Abuja by operatives from the Office of the National Security Adviser, ONSA, for deeper investigation.
DAILY POST learnt that as probes intensified, Abdullahi was brought from Abuja to the armoury for a physical audit. It was there that he allegedly grabbed a pistol and shot himself in the head, dying instantly.
The armoury’s electronic controls, accessible only to Abdullahi, reportedly gave him the opportunity to commit the act.
Furthermore, it was gathered that officers with him were arrested for negligence and faced an Orderly Room trial, while four other police officers linked to Abdullahi are being interrogated.
Confirming the development, the Niger State Police Commissioner, Adamu Elleman, said Inspector Moses is currently under investigation by the Office of the National Security Adviser, ONSA.
According to him, “He (Abdullahi) smartly brought out a pistol and shot himself when empty ammunition boxes were discovered.”
A special ONSA team is guarding the armoury, and an autopsy is planned to determine the exact cause of death.
Also, in a statement issued by the command’s Public Relations Officer, SP Wasiu Abiodun, who confirmed the incident, it was stated that DSP Abdullahi shot himself during an investigation into his involvement in illegal ammunition dealings.
According to him, “On December 16, 2025, at about 2:30 pm, one DSP Abdullahi Isah, attached to 12 PMF Minna, who was initially arrested on 15th December for being suspected of involvement in illegal dealings of ammunition, was taken to his office for a routine arms audit.
“Unfortunately, while the audit process was ongoing, the said officer shot himself in the head through a pistol he picked up within the office and died on the spot.”
Abiodun also disclosed, “Meanwhile, the policemen who were detailed along for the audit and investigation activities were arrested for negligence in the line of duty, for allowing such a situation to occur. Further investigation is in progress at Paiko Road Police Station, Minna.”
It was further gathered that the armoury is now under 24-hour guard by an ONSA team as authorities work to unravel the full extent of the alleged scheme.
Sources also revealed that Abdullahi owned multiple properties and cars.
Breaking News
Top Reason Why President Tinubu Reconstitutes NERC Board [Full List]
President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate’s confirmation of its members on December 16.....TAP TO CONTINUE READING
Naija News reports that this was disclosed in a statement on Thursday by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga.
Members of the reconstituted Board are:
• Mulisiu Olalekan Oseni, PhD. — Chairman
Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.
His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.
• Yusuf Ali, PhD. — Vice Chairman
Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion of his first term.
• Mr Nathan Rogers Shatti — Commissioner
Mr Shatti is serving a second term as commissioner. He was first appointed in January 2017.
• Mr Dafe Akpeneye — Commissioner
Mr Akpeneye is serving a second term, having been first appointed as a Commissioner in January 2017.
• Aisha Mahmud Kanti Bello — Commissioner
Aisha Bello is serving her second term, having been first appointed as a Commissioner in December 2020.
• Dr Chidi Ike — Commissioner
Dr Ike is serving his first term, having been first appointed as a Commissioner in February 2022.
• Dr Fouad Animashaun — Commissioner. Dr Animashaun is serving his first term, effective December 2025.
He is an energy economist with extensive experience in the Nigerian power sector and most recently served as Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission.
“President Bola Ahmed Tinubu has charged the board members of NERC to deepen and consolidate the ongoing transformation of Nigeria’s power sector, in strict alignment with the letter and spirit of the Electricity Act, 2023,” the statement added.
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