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    Friday, April 18

    Exchange Rates Today: USD, GBP, and EUR Against the Naira

    Goli InnocentBy Economy No Comments1 Min Read
    Naira and Dollar (Petroleumprice.ng)
    Exchange Rates Today: USD, GBP, and EUR Against the Naira(Petroleumprice.ng)

    As of today Friday 11 April 2025, the Nigerian Naira fluctuates against major currencies. The Central Bank of Nigeria (CBN) sets lower official rates, while parallel market rates are higher due to demand and supply issues.

    Official CBN Rates:

    • USD: ₦1,600.00
    • GBP: ₦1,950.00
    • EUR: ₦1,650.00

    Parallel Market Rates:

    • USD: ₦1,710.00
    • GBP: ₦2,150.00
    • EUR: ₦1,670.00

    Key Factors:

    Global trade wars, low oil prices, and forex shortages drive the gap. Reports indicates Public concern over rising costs, while analysts urge CBN reforms to boost reserves and stabilise the Naira.

    Goli Innocent

    Innocent Precious Anga is a marketing graduate with a strong background in social media management and content creation. His journey began in 2020, when he started supporting friends' businesses by leveraging social media to drive growth during the COVID-19 pandemic. In 2023, he secured his first professional role as a Social Media Manager with First Equatorial, a real estate company, while also contributing as a writer for New Telegraph during his NYSC scheme. By 2024, Innocent had joined Evaluate Media as a Social Media Manager and Content Writer and later freelanced with Daragram. He currently oversees social media and works as a Copywriter.

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