Dollar To Naira Exchange Rate Today, November 12, 2025

Di naira don small fall again for both official and black market on Wednesday, November 12, 2025. For Daily Nigerian Foreign Exchange Market (NFEM/NAFEM) wey CBN dey use fix rate for big corporate transactions, one dollar dey go for about ₦1,437. But for Lagos black market, dollar sellers dey shout ₦1,455 to ₦1,465 per dollar. Some bureau de change people and data sites even talk say trades reach ₦1,465 for some areas. Di gap between official and street rate still dey show pressure for cash market, with a difference of about ₦18 to ₦28 depending on di source and time.

Market people yarn say FX supply no too plenty, especially for those wey need small cash, and importers plus retail buyers still dey chase dollar, wey make di street rate high. Analysts and data providers talk say liquidity no balance across di markets, di official NAFEM/I&E window dey service big companies while black market still dey control dollar price for everyday people. For travellers or students wey need dollar for tuition, dem go buy at di parallel market rate (₦1,455–₦1,465), but companies and importers wey get access to banks fit still collect near di official rate of ₦1,437, as long as dem get correct documents.