BUSINESS

Dollar To Naira Exchange Rate, October 6, 2025

<h4>Dollar To Naira Exchange Rate<&sol;h4>&NewLine;<h4><&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that on this day&comma; October 6&comma; 2025&comma; the Nigerian Naira held onto recent gains&comma; trading around ₦1&comma;466 to the US dollar in the official Nigerian Foreign Exchange Market &lpar;NFEM&rpar; while the parallel &lpar;street&rpar; market — tracked by AbokiFX — quoted the greenback at about ₦1&comma;450&period;<&sol;p>&NewLine;<p>Traders said the official NFEM figure — a volume-weighted average derived from interbank trading — reflected continued inflows and modest liquidity injections into the market&comma; which have pressured the dollar lower compared with levels seen earlier this month&period;<&sol;p>&NewLine;<p>On the parallel market&comma; AbokiFX’s live black-market feeds showed dealers buying and selling dollars in the mid-₦1&comma;400s&comma; with posted buy&sol;sell quotes clustering around ₦1&comma;445–₦1&comma;460 on Monday — a level that keeps the gap between official and street rates narrower than in previous months&period;<&sol;p>&NewLine;<p>Market participants said the naira’s resilience this week reflects a combination of improved foreign exchange supply from exporters and tighter speculative activity&comma; though analysts warned that the <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">currency<&sol;a> remains vulnerable to shifts in external flows and central-bank operations&period;<&sol;p>&NewLine;

Openlife Reporter

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