Dollar to Naira exchange rate today, October 7, 2025

The naira strengthened connected Tuesday, October 7, 2025, arsenic authoritative and parallel marketplace quotes moved into the mid-₦1,400s amid improved FX liquidity and ongoing Central Bank of Nigeria (CBN) interventions.

Key rates:

NFEM / CBN (official, volume-weighted) — astir ₦1,464–₦1,466 per US$1. Data published by marketplace trackers and outlets citing CBN/NFEM figures enactment the authoritative marketplace astatine astir ₦1,464–₦1,466.

Alternative NFEM/CBN reporting (end-of-day series) — ₦1,465.2 per US$1 (market information services).

CBN authoritative bulletin/market bid (some reports) — ₦1,470.26 per US$1 (other media citing CBN/Efem closing).

Parallel/AbokiFX (black-market) — astir ₦1,470–₦1,480 per US$1; respective section marketplace trackers reported parallel quotes clustered successful this set connected Tuesday.

Market participants accidental the naira’s caller gains bespeak higher FX inflows, accrued dollar proviso connected the Nigerian Foreign Exchange Market (NFEM) and the CBN’s continued usage of its matching level and liquidity operations. International drivers — including a steadfast U.S. dollar successful planetary markets and mixed capitalist sentiment — besides influenced flows.

What to ticker next:

CBN liquidity operations: Traders volition ticker the CBN’s regular NFEM releases and immoderate unfastened marketplace operations for signs of sustained supply.

Parallel marketplace premium: The spread betwixt the NFEM (official) and AbokiFX (parallel) persists — monitoring the premium volition bespeak whether the authoritative market’s improvements are filtering done to retail/BDC outlets.

Global dollar spot & lipid receipts: Broader dollar moves and FX inflows from lipid exports stay cardinal upside oregon downside drivers for the naira.

The station Dollar to Naira speech complaint today, October 7, 2025 appeared archetypal connected Vanguard News.