Naira still dey struggle as e dey trade under pressure against United States Dollar, British Pound, and Euro. For people and business people, to dey check daily exchange rate don become important, especially as difference still dey between Central Bank of Nigeria (CBN) official rate and wetin dey for parallel market. Figures from Central Bank of Nigeria talk say “sell/buy” rate for USD dey about ₦1,487.37 as of 23 September 2025. But checks for Wise.com, wey dey track real-time street and peer-to-peer transactions, show say greenback dey change at about ₦1,518 per $1 for parallel market. The British Pound still dey pass Dollar for value.
For CBN rate, Pound dey ₦2,036.96 per £1, while Wise talk say black market average na about ₦2,090 per £1. For Euro, CBN talk say official exchange rate na ₦1,622.48 per €1. But Wise yarn say for black market, Euro dey trade around ₦1,680 per €1. Di difference between di two rates na because of Nigeria foreign exchange policies. Di official rate na wetin Central Bank fix and e show controlled supply to commercial banks and authorised dealers. But black market rate dey follow demand pressure, scarce forex, and informal trading wey dey make price rise higher.