Browsing Tag
Central Bank of Nigeria
34 posts
Naira Maintains Stability Against Dollar on August 13, 2026
The naira held steady on August 13, 2026, with the official rate at ₦1,367 per dollar and parallel market rates trading at a premium.
Naira strengthens against USD in official market for August 12, 2026
The Naira gained value in the official market on Wednesday, reaching N1,360.58 per dollar, while foreign reserves rose to $52.17 billion.
Nigerian Naira exchange rate updates for August 11, 2026: Official market dip following previous gains
The Naira weakened in the official foreign exchange market on Tuesday, slipping to N1,364.89 per dollar despite a slight improvement in the black market and rising foreign reserves.
Nigerian Naira Shows Strength Against Dollar on August 10, 2026
The naira strengthened against the dollar in official markets on August 10, 2026, while remaining stable in the parallel market.
Nigerian Naira sustains downward trend against US Dollar on August 7, 2026
The Nigerian Naira recorded a third straight day of losses against the US dollar in the official market on August 7, 2026, while remaining stable in the parallel market.
Businesses anticipate a drop in loan interest rates within three months
A recent survey by the Central Bank of Nigeria reveals that businesses expect a slight decline in borrowing costs over the next three months despite current financial pressures.
Naira experiences decline against dollar in both official and parallel markets
The Naira weakened to N1,410 per dollar in the parallel market and reached N1,368.5 in the official market, widening the spread between the two rates.
Nigerian Naira Exchange Update for August 5, 2026
The Nigerian naira holds steady at ₦1,362.55 in the official market while maintaining a price of ₦1,415 in the parallel market this August 5, 2026.
Nigeria reports 33% surge in net forex inflows for Q1 2026
Nigeria's net forex inflow reached $20.33 billion in Q1 2026, a 33.8 percent increase driven largely by autonomous sources, according to the Central Bank of Nigeria.
Naira experiences mixed performance across official and parallel markets
The naira slipped to N1,415 per dollar in the parallel market while gaining ground in the official exchange sector.