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Dollar to Naira Exchange Rate: Parallel Market Hits ₦1,385 as Official Rate Stabilises
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June 25, 2026

Dollar to Naira Exchange Rate: Parallel Market Hits ₦1,385 as Official Rate Stabilises

Dollar to Naira Exchange Rate: Parallel Market Hits ₦1,385 as Official Rate Stabilises
\n\nAs of June 25, 2026, the Naira traded at approximately ₦1,373–₦1,385 per US dollar in the parallel market, while the official NFEM rate hovered around ₦1,372–₦1,380.
Market analysts attribute the slight fluctuations to demand pressures, crude oil price movements, and inflows from recent policy measures. The Central Bank of Nigeria continues to intervene to improve liquidity in the forex market.
This comes as Nigerians monitor the impact on inflation, fuel prices, and the cost of living. Economic experts advise cautious optimism as the government pushes for long-term stability.

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