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Business · Markets desk

The naira. The market.
The meaning behind the move.

One clear daily view of official foreign exchange, Nigeria’s informal parallel market and the latest completed trading session on the Nigerian Exchange.

Latest dated snapshot

FX rate signal

₦ per one unit
USD
Official reference₦1,328.67
Official
Parallel
Parallel sell
₦1,390.00
Gap
+4.6%
EUR
Official reference₦1,515.08
Official
Parallel
Parallel sell
₦1,600.00
Gap
+5.6%
GBP
Official reference₦1,760.80
Official
Parallel
Parallel sell
₦1,882.00
Gap
+6.9%
25 September 2026NGX ASI 252,113.41
Checked 26 September 2026 at 03:20 WAT · Dated references, not executable live quotes.

Market brief

Three rates can tell three different stories.

A bank quote, the official NFEM reference and a street-level parallel-market quote are not interchangeable. This page keeps them apart, names the date behind each number and explains whether the figure is reported, calculated or delayed.

Foreign exchange

Naira rate board

₦ per one unit of foreign currency · 25 September 2026

USDUS dollar
Official reference₦1,328.67NFEM close
Parallel dealer buys
₦1,378.00
Parallel dealer sells
₦1,390.00

4.6% indicative parallel sell premium over the official reference.

EUREuro
Official reference₦1,515.08NFEM/ECB cross
Parallel dealer buys
₦1,560.00
Parallel dealer sells
₦1,600.00

5.6% indicative parallel sell premium over the official reference.

GBPPound sterling
Official reference₦1,760.80NFEM/ECB cross
Parallel dealer buys
₦1,840.00
Parallel dealer sells
₦1,882.00

6.9% indicative parallel sell premium over the official reference.

Dealer buysIndicative amount a parallel-market dealer pays you for one unit of foreign currency.
Dealer sellsIndicative amount you pay the dealer for one unit. Actual quotes vary by city, amount, timing and counterparty.
Official referenceA benchmark, not a promise that a bank, card provider, remittance service or BDC will transact at that exact number.

Nigerian equities

Latest NGX close

Friday, 25 September 2026 · closing/delayed data

All-Share Index252,113.41−0.015%
Equity market cap₦163.66tn−₦24bn on the session
Activity708.81m shares42,434 deals
Market breadth39 / 27Gainers / decliners
Selected widely followed NGX shares—not a recommendation
TickerCompanyCloseSession move
ACCESSCORPAccess Holdings₦31.55+₦1.05
GTCOGuaranty Trust Holding₦137.00Unchanged
MTNNMTN Nigeria₦863.00+0.94%
ZENITHBANKZenith Bank₦134.90+₦0.70
DANGCEMDangote Cement₦1,066.70Unchanged
SEPLATSeplat Energy₦16,000.10+₦0.10

NGX states that prices on its public website are delayed by 30 minutes. The table records the latest completed session available for this edition; it is not a live order book and it omits fees, spreads, dividends and corporate actions.

Stock trading, without the hype

Five checks before your first order

A share is a unit of ownership, not a guaranteed payout. Prices can rise, fall or become difficult to sell.

  1. 01

    Know what you are buying

    Read the company’s results, announcements and risks. A familiar brand or rising price is not enough.

  2. 02

    Verify the operator

    Use the SEC Nigeria register to confirm that the stockbroker or capital-market operator is authorised.

  3. 03

    Ask about every cost

    Understand commissions, statutory charges, funding fees and the price at which an order may actually execute.

  4. 04

    Keep your contract note

    The SEC’s investor guide says investors should ask for and review a contract note whenever listed shares are bought or sold.

  5. 05

    Protect the long view

    Diversify, avoid borrowed money you cannot repay and never treat a social-media tip as due diligence.

How we verify

Every number needs a label.

The USD official figure is the reported 25 September NFEM close. CBN describes the daily NFEM rate as a volume-weighted average and the official rate for the day.

The EUR and GBP official references are editorial calculations, not direct CBN retail quotes: the NFEM USD close is combined with the ECB’s 25 September reference rates of EUR 1 = USD 1.1403 and EUR 1 = GBP 0.86045.

Parallel-market figures reproduce the latest dated user-reported averages visible at publication. They can differ sharply across Abuja, Lagos, Kano, Port Harcourt and other markets, and they may move while this page remains open.

NGX index and activity figures use the completed 25 September session. Selected-share prices are shown for orientation only. Readers should verify any intended order with a registered broker.

Follow the money—with context

Come back daily. Bring your questions.

We will keep separating official benchmarks from parallel-market indications, and price movement from investment advice.

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Important: This page is for news and education only. It is not investment, tax, legal, remittance or foreign-exchange advice; Na Wetin Dey Happen is not a broker, bank, bureau de change or trading platform. Verify current prices, identity, fees and regulatory status before you act.