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Dollar trades near ₦1,400 in parallel FX market

The naira maintained relative stability against the United States dollar in both the official and parallel foreign exchange markets as traders continued to monitor supply and demand conditions in Nigeria’s forex market. Data from the Nigerian Foreign Exchange Market showed that the naira traded at approximately ₦1,357.26 to the dollar at the official market, sustaining […]

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Naira holds firm as dollar trades near ₦1,361/$

The naira maintained a relatively stable performance against the United States dollar at both the official and parallel foreign exchange markets, as traders continued to monitor liquidity conditions and demand pressures across the foreign exchange sector. Data obtained from the Central Bank of Nigeria’s Nigerian Foreign Exchange Market showed that the local currency traded around […]

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Naira trades at ₦1,373/$ at official FX market

The naira traded within a relatively stable range against the United States dollar on Thursday, June 4, 2026, as the gap between the official and parallel foreign exchange markets remained narrow. At the Nigerian Foreign Exchange Market, the local currency was quoted at about ₦1,373 to the dollar, according to the latest official market figures […]

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Naira strengthens against dollar in official, parallel FX markets

The naira recorded further gains against the United States dollar on Tuesday, appreciating in both the parallel market and the official foreign exchange market. In the parallel market, the local currency strengthened to N1,385 per dollar, improving from N1,395 per dollar recorded on Monday. The naira also appreciated in the Nigerian Foreign Exchange Market, according […]

featured Finance

Naira holds steady across official, parallel FX markets

The naira traded within a relatively stable range against the United States dollar across the official Nigerian Foreign Exchange Market and the parallel market as traders monitored forex liquidity and market demand. Data published by the Central Bank of Nigeria showed that the official NFEM exchange rate closed at ₦1,373.25 per dollar on May 29, […]

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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 […]

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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 […]

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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 […]

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

Naira records mixed performance against dollar across FX markets

The Nigerian naira traded with mixed performance against the United States dollar on Wednesday, May 20, 2026, across the official Nigerian Foreign Exchange Market and the parallel market amid continued demand for foreign exchange. Data published by the Central Bank of Nigeria showed that the naira closed at about ₦1,373.65 per dollar at the official […]

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