The naira held steady against the dollar on Friday, October 16, 2026, as official and street rates barely moved. Meanwhile, Bitcoin hovered near $82,000 after a shaky week. This report lists the latest rates for the dollar, pound, euro and other major currencies, plus the top cryptocurrencies.
The Central Bank of Nigeria’s official rate stood at ₦1,331.61 per dollar on Friday morning, according to Aboki Forex. The platform also reported that the naira slipped to ₦1,332.97 in Thursday’s session, while interbank turnover jumped 157.1 percent. Therefore, the official market remains calm, and the rate continues to sit in a narrow band near ₦1,330.
On the street, Bureau de Change operators buy the dollar at ₦1,370 and sell it at ₦1,375. Consequently, the gap between the two markets is about ₦43 per dollar. Aboki Forex calls its figures “a reliable benchmark,” but it warns that rates differ by dealer and city. In addition, some trackers list higher selling rates, so confirm your price before you trade.
| Currency | Official (CBN) | Black market (buy) | Black market (sell) |
|---|---|---|---|
| US Dollar (USD) | ₦1,331.61 | ₦1,370 | ₦1,375 |
| British Pound (GBP) | ₦1,764.26 | ₦1,800 | ₦1,820 |
| Euro (EUR) | ₦1,490.48 | ₦1,510 | ₦1,530 |
| Canadian Dollar (CAD) | Not listed | ₦970 | ₦1,000 |
| UAE Dirham (AED) | Not listed | ₦350 | ₦370 |
| Chinese Yuan (CNY) | ₦199.01 | ₦190 | ₦210 |
| South African Rand (ZAR) | ₦80.49 | ₦65 | ₦80 |
| Ghanaian Cedi (GHS) | Not listed | ₦100 | ₦115 |
At those rates, $100 costs about ₦133,161 at the official rate and ₦137,500 on the street. As a result, buyers who reach the official window save about ₦4,300 on every $100. However, most retail customers still rely on Bureau de Change operators.
Most other currencies also trade above their official rates. Dealers sell the pound at ₦1,820 and the euro at ₦1,530. The official CBN rates stand at ₦1,764.26 for the pound and ₦1,490.48 for the euro. The rand is an exception, since it sells at ₦80, almost level with its official rate of ₦80.49.
| Cryptocurrency | Price (USD, approx.) |
|---|---|
| Bitcoin (BTC) | $82,040 |
| Ethereum (ETH) | $2,436 |
| Tether (USDT) | $1.00 |
| BNB | $728 |
| XRP | $1.33 |
| Solana (SOL) | $105 |
Crypto markets edged higher on Friday. Bitcoin trades near $82,040, up 0.7 percent in 24 hours, while Ethereum sits near $2,436, up 1.2 percent. Meanwhile, XRP trades at $1.33 and Solana at about $105. Tether holds its dollar peg. Basis Desk puts the total crypto market value at $2.73 trillion, with its Fear and Greed index at 63, which signals greed.
The recovery follows a rough patch. CoinDesk reported that Bitcoin bounced back to $82,000 after its “first fall below $80,000 in one month.” Still, caution remains. One analyst quoted by crypto.news warns that Bitcoin could slide toward $65,000. Therefore, traders should expect sharp swings.
Readers should treat all black market figures as guides. Rates change hourly and differ by city and dealer. In addition, crypto prices move by the minute, so never invest more than you can afford to lose. This report is information only and does not offer financial advice.
Sojworldnews will update these rates as new figures arrive. Meanwhile, check back on Monday for the next currency report.
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