Dollar To Naira Rate Today, Nov 14, 2025

Di Nigerian naira dey trade for official Daily Nigerian Foreign Exchange Market (NFEM) at about ₦1,441.33 to di US dollar on Friday, November 14, 2025, same level wey e start di day. For parallel (cash) market, dealers dey quote dollar for around ₦1,460 (sell) and about ₦1,450 (buy) for major cities, premium of around ₦18–₦28 pass di NFEM fixing depending on di quote and di time of di day. Black-market trackers show say average dey near ₦1,455–₦1,460 for November 13–14. Di gap between official NFEM fixing and parallel-market quotes don remain feature for di market dis week as cash demand for informal channels and short-term importer hedging dey keep parallel rates higher pass di official fixing. Analysts talk say di split dey show ongoing demand pressure outside formal windows even as liquidity for official channels dey steadier.

Traders talk say na mix of factors dey move di naira: liquidity injections and FX sales by authorities dey support di NFEM fixing; softer global oil prices and dollar movement dey influence FX flows; and domestic monetary policy easing earlier for di autumn don affect yields and portfolio flows. Central Bank recent policy moves and occasional FX interventions don help cap big swings for official fixing. Market participants talk say with official NFEM fixing near ₦1,441 and parallel quotes near ₦1,455–₦1,460, near-term outlook go depend on (1) CBN FX liquidity and any more dollar sales, (2) flows from oil receipts and foreign portfolio activity, and (3) demand from importers and corporate hedging. Any big change for global oil prices or fresh policy move from CBN fit narrow or widen di current premium between di two windows.