Naira Holds Strong as Dollar Wobbles: Today’s Exchange Rates Will Surprise You

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Nigeria exchange rates today in Nigeria – The Nigerian naira traded within a relatively stable range on Saturday, April 25, 2026, despite continued pressure in the foreign exchange market. While the official market remained steady, the parallel market reflected stronger demand for major foreign currencies, especially the United States dollar, euro, and British pound.

At the official market window, the naira closed within a narrow band against the dollar. Meanwhile, the black market rate remained slightly higher due to sustained demand from importers, travelers, and small businesses.

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Nigeria exchange rates Table today April 25 2026

CurrencyOfficial Market Rate (₦)Parallel / Black Market Rate (₦)Mid-Market / Indicative Rate (₦)
US Dollar (USD)₦1,350 – ₦1,360₦1,390 – ₦1,400₦1,352
Euro (EUR)₦1,560 – ₦1,590₦1,610 – ₦1,630₦1,585
British Pound (GBP)₦1,830 – ₦1,860₦1,860 – ₦1,880₦1,845
Chinese Yuan (CNY)₦185 – ₦190₦190 – ₦200₦188
Japanese Yen (JPY)₦9.40 – ₦9.80₦10.00 – ₦10.50₦9.65
Canadian Dollar (CAD)₦980 – ₦1,020₦1,000 – ₦1,100₦1,010
Swiss Franc (CHF)₦1,620 – ₦1,650₦1,670 – ₦1,700₦1,640
Saudi Riyal (SAR)₦360 – ₦370₦370 – ₦380₦365
UAE Dirham (AED)₦365 – ₦375₦350 – ₦370₦368

Market Highlights

The gap between the official and parallel market rates remains narrower than in previous months. This trend suggests improved liquidity in the formal market. However, demand in the informal segment continues to support a premium for foreign currencies.

The naira’s performance remains closely tied to foreign exchange inflows, crude oil earnings, and interventions by the Central Bank of Nigeria. As a result, market participants are watching for policy updates and external reserve movements.

Analysts expect the naira to remain range-bound in the near term, unless there is a major shift in oil prices, external reserves, or monetary policy direction.

Stay with Sojworldnews for daily exchange rate updates, business news, and expert market analysis.

 

 

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