Dollar to Naira Today 25 October 2026: Official CBN Rate N1330, Black Market N1372, Clearing Cost Breakdown for Importers

Dollar to Naira exchange rate today 25 October 2026 shows stability in both official and parallel markets. This is good news for importers in Abuja, Lagos, Kano, and Onne who are clearing goods this week.

According to data from Central Bank of Nigeria CBN, Aboki Forex, and FMDQ as of 23 October close, the naira traded in tight range.

Today's Dollar to Naira Rates 24 October 2026:

Official CBN Rate / NFEM Window: N1330 to N1344 per dollar. The CBN published N1344.40 on 23 October at 4pm. Opening today 24 October is expected around N1330.95 based on early trading. This window is used by banks, licensed BDCs, and importers who have Form M.

Black Market Rate / Aboki / Parallel Market: Buying rate N1367 to N1375, Selling rate N1372 to N1390. In Lagos Island, BDCs quoted N1372 buying, N1380 selling at 5pm yesterday. In Abuja Wuse Zone 4, rate is N1375 buying, N1390 selling. In Kano, rate is similar at N1370. The gap between official and black market is now N38, which is tightest spread since FX unification in 2023. This shows CBN reforms working.

CBN Rate: N1,361.84 (Official) – 25 Oct

Black Market: N1,385 - N1,395 (Lagos, Abuja)

France EUR: N1,593 / Poland PLN: Check below


How Much is $100, $500, $1000 Today?

At black market N1380 sell rate:

$1 = N1,380

$10 = N13,800

$50 = N69,000

$100 = N138,000

$500 = N690,000

$1000 = N1,380,000

$5000 = N6,900,000

If you use official rate N1344:

$1000 = N1,344,000, you save N36,000 per $1000.

What This Means for Clearing Cost in Nigeria Ports Today:

For importers using Lagos Ports, Tin Can, Onne – Dollar rate affects Customs duty directly. Customs uses CBN rate for duty calculation.

Example: 40ft container with used electronics valued at $8,500

Duty calculation: $8,500 x N1,333 official = N11,330,500 duty

Add NPA charges: N350,000

Add Shipping line charges: N2,100,000

Total clearing: N13,780,500

Last week when dollar was N1,405 black market, same container cost N14,500,000. You save N700,000 this week.

For 20ft container valued at $5,000: Duty N6.6m + charges N1.2m = N7.8m today vs N8.5m last week, save N700k.

Advice for Abuja Importers Today 24 Oct:

1. Pay duty now using official window – Naira may go to N1,350 tomorrow if oil price drops

2. If you need dollars for school fees or supplier, buy from bank at N1,344 not black market N1,390 – Save N46 per dollar

3. Use Apapa-Kaduna rail to bring container from Lagos to Abuja – Save N1.6m per 40ft compared to road

4. Confirm rate with your BDC before paying  Rates change hourly in Lagos

Source: CBN official portal cbn.gov.ng/rates, Aboki Forex app updated 23 Oct 17:06 WAT, FMDQ, Investors King, Monierate – All checked 23 Oct 2026.

Follow @Nigeria Anchorage,Facebook, XCon WhatsApp and Telegram for daily dollar update and clearing cost.

By Romeon Okwo |@Nigeria Anchorage  Abuja | 24 Oct 2026



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