The naira traded stably in formal FX windows today while the parallel (black) market remained higher, according to official publications and market trackers.

Official / NFEM (CBN VWAP): Market publications and the Central Bank of Nigeria’s NFEM bulletin show the official, volume-weighted average NFEM fixing published by the CBN as the reference for corporate and bank transactions. The CBN publishes the daily NFEM fixing on its exchange-rates page.

Mid-market / online converters: Currency aggregators reported a mid-market USD/NGN rate around ₦1,483 / $1 on October 27, 2025.

Parallel / black market: Street/parallel rates quoted between ₦1,485 and ₦1,500 / $1 in Lagos today, with several popular black-market trackers showing values in that range.