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Naira maintains stability at ₦1,375/$ in official FX market

The naira traded at around ₦1,375.41 against the United States dollar at the official Nigerian Foreign Exchange Market on Friday, May 29, 2026. At the parallel market, the dollar exchanged between ₦1,378 and ₦1,390, reflecting continued stability in the foreign exchange market. Data released by the Central Bank of Nigeria showed that the naira recorded […]

featured Finance

Naira holds steady at ₦1,375/$ in official FX market

The naira traded within a relatively stable range against the United States dollar on Thursday, May 28, 2026, across both the official Nigerian Foreign Exchange Market and the parallel market, amid sustained market interventions and improving liquidity conditions. Data published by the Central Bank of Nigeria showed that the naira traded around ₦1,375.41 per dollar […]

featured Finance

Naira holds steady at ₦1,372.84/$ in official FX market

The Naira maintained a relatively stable posture against the United States Dollar across both the official and parallel foreign exchange markets on Wednesday morning. Data from the Nigerian Foreign Exchange Market showed the local currency trading at an official rate of 1,372.84 Naira per Dollar. This reflects a marginal adjustment from the 1,372.64 Naira recorded […]

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Naira holds steady against dollar in official, parallel FX markets

The naira traded within a relatively stable range against the United States dollar on Monday, May 25, 2026, across both the official Nigerian Foreign Exchange Market and the parallel market. Data from the Central Bank of Nigeria’s NFEM window showed the official exchange rate hovering around ₦1,375 per dollar, following the last recorded closing rate […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
Finance

Naira holds firm at ₦1,370/$ in both FX markets

The Naira maintained its steady momentum against the United States Dollar in the early hours of Friday, May 22, 2026, demonstrating continued stability across both the official window and the informal parallel market segments. In the Nigerian Foreign Exchange Market, which serves as the official platform for formal trade, the Naira opened the morning session […]

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Naira depreciates slightly against dollar at official, parallel FX markets

The naira recorded a slight depreciation against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel market on Tuesday, May 19, 2026, amid continued demand pressures in the foreign exchange market. Data published by the Central Bank of Nigeria showed that the naira traded at about ₦1,373.5 per dollar […]

featured Finance

Naira shows slight fluctuations against US dollar in FX markets

The naira traded with slight fluctuations against the United States dollar across the official and parallel foreign exchange markets on Monday, May 18, 2026. Demand pressure for forex persisted during the trading session. Data from the Nigerian Foreign Exchange Market (NFEM) showed the official exchange rate hovering around ₦1,371 per dollar. This was according to […]

featured Finance

Naira weakens despite higher FX liquidity, reserves growth

The naira ended the week weaker in Nigeria’s official foreign exchange market despite a significant rise in market liquidity and continued growth in the country’s external reserves. Central Bank of Nigeria data show the naira depreciated by N9.65 week‑on‑week, with the dollar quoted at N1,371.04 on Friday versus N1,361.39 the previous Friday, a weekly loss […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira weakens marginally to ₦1,372/$ ahead of MPC meeting

The naira weakened marginally at the official foreign exchange market on Friday, closing at N1,372/$ as investors adopted cautious positions ahead of next week’s Monetary Policy Committee meeting of the Central Bank of Nigeria. This is according to data published on CBN website on Friday. Compared to last week’s closing at N1,364/$, the Naira depreciated […]

featured Finance

Naira weakens at parallel FX market to ₦1,392/$

The Naira on Thursday depreciated to N1,392 per dollar in the parallel market from N1,388 per dollar on Wednesday. Similarly, the naira depreciated to N1,371 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market fell to N1,371 per […]

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