Posts

Showing posts with the label Dollar exchange rate daily update

Dollar to Naira Today 26 October 2026: Black Market N1372/N1377, CBN N1361.84

Image
- Source: CBN, Aboki Forex, FMDQ Official CBN / NFEM: N1,361.84 per $1 (lost N27.12 in 2 days despite $55.16bn reserves)【7432638590723777303†L221-L225 - Black Market Lagos Parallel: Buy N1372, Sell N1377【7432638590723777303†L59-L62 - Other source: Buy N1393 Sell N1365 on Monierate today 25 Oct【7432638590723777303†L24-L28】 - Wuse Zone 4 Abuja: N1375 buy / N1390 sell - $100 = N137,700 / $1000 = N1,372,000 (black) Gap official vs black: N10-N15 only – Tightest spread. Dolla to Naira October 26 For importers: Use CBN N1361 for Customs duty calculation. Why Naira fell to N1361.84 today: Despite reserves $55.16bn, pre-election dollar demand from politicians pushed NFEM from N1332 to N1361 in 1 week – Cowry Asset says demand will stay high. What it means for importers: Use CBN N1361.84 for Customs duty – Not black N1377 – Save N15 per dollar. Pay duty today – May hit N1370 tomorrow. Related: - Dollar to Naira 25 Oct: Official N1330, Black N1372 – https://nigeriaanchorage.blogspot.com/2026/10/...