NGN → USD Rates
Official Market:
Buying: ₦1,450.92 / USD
Selling: ₦1451.86 / USD
Parallel Market:
Buying: ₦1,490 / USD
Selling: ₦1,475 / USD
Market Drivers: Increased FX liquidity; Dovish US Federal Reserve policy softening the Dollar; Sustained CBN reforms and foreign reserve accumulation.
OUTLOOK: Analysts say the Naira’s performance reflects stronger inflows and a softer US Dollar following the US Federal Reserve’s late-2025 policy shift.