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US Dollar to Nigerian Naira Black Market Exchange Rate Today, Monday, December 1st 2025

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The Nigerian Naira opened the month of December with a slight depreciation against the United States Dollar in the parallel market, as increased demand for foreign currency ahead of the festive season begins to weigh on the market.

As of Monday, December 1st 2025, the Dollar to Naira Black Market exchange rate stands at ₦1,455 per dollar for buying and ₦1,465 per dollar for selling, based on verified updates from Bureau De Change (BDC) operators in Lagos, Abuja, and Port Harcourt.

The start of a new month normally introduces fresh FX requests from importers and holiday travelers, contributing to a marginal shift in pricing. Traders say market liquidity remains stable, but speed of demand is beginning to intensify.

Dollar to Naira Black Market Rate Today — Overview

Date Market Segment Buying Rate (₦) Selling Rate (₦) Trend

Mon, Dec 1, 2025 Black Market 1,455 1,465 -₦5

Fri, Nov 28, 2025 Black Market 1,450 1,460

Official Rate (CBN) — — — See official rates on CBN

Market pricing independently verified from Investors King.

How Much Is Dollar to Naira Today in Black Market?

The Dollar to Naira Black Market rate today averages:

₦1,455 per dollar for buying

₦1,465 per dollar for selling

This marks a ₦5 depreciation from the weekend’s closing figures following increased forex uptake among importers and families planning international travel during the holidays.

To check for regulated FX rates for banks, transfers, and official transactions, consult the Central Bank of Nigeria via:

CBN Website

Why the Naira Is Slightly Lower Today

Market experts attribute the mild weakening to several short-term, seasonally influenced factors:

Holiday Demand Spike

Retailers and e-commerce businesses are restocking heavily ahead of December shopping surges.

Travel-Driven FX Purchases

Visa approvals and ticket bookings are rising, increasing forex requests.

Import Activity Surge

Foreign suppliers require upfront payments, driving dollar buying volumes.

Speculation Return

Some traders are hedging early in anticipation of potential sharp increases later in the month.

Despite these pressures, the price drop remains controlled, indicating that supply is still supportive.

Economic Impact on Consumers and Businesses

Today’s movement in the Black Market FX rate carries real implications:

Positive Effects

Pricing stability remains manageable for importers

Reduced volatility helps SMEs forecast more accurately

Inflationary pressure contained for now

Families budgeting for travel can still access predictable rates

Areas of Concern

Heavy reliance on parallel markets persists due to limited official liquidity

Cost of imported food and consumer goods may rise if the Naira weakens faster

Businesses with lean capital structures may struggle with larger FX outflows

Retailers in electronics, clothing, and household supplies are among the most sensitive to exchange-rate changes this time of year.

Market Outlook — December Expectations

Analysts predict the Naira may face further mild pressure throughout the first half of December as seasonal demand accelerates. However, strong remittance flows expected from the diaspora during Christmas could help balance the market by mid-month.

Key factors traders will be watching include:

Volume of holiday-related imports

Oil price direction and reserve stability

CBN interventions in official FX windows

Remittance growth from international money channels

Projected trading band for the week: ₦1,450 – ₦1,475 per USD

Conclusion

The Dollar to Naira Black Market exchange rate today, Monday, December 1st 2025, stands at:

₦1,455 for buying

₦1,465 for selling

For verified, daily updates on the Dollar to Naira exchange rate, follow:

As Nigeria enters its highest-demand forex month of the year, the Naira’s performance will depend on how effectively the market manages the balance between supply and rising end-of-year demand in the Black Market.

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Terrorists release photo of m8rdered Kaduna Anglican priest....TAP TO CONTINUE READING

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