Browsing Tag
Currency Market
4 posts
Naira Gains Strength Against Dollar in Parallel and Official Markets
The Naira strengthened to N1,409 per dollar in the parallel market and improved to N1,374.5 in the official NFEM as trading turnover increased.
Naira Value Fluctuates Across Official and Informal Exchange Markets
The Naira weakened in the parallel market but saw a slight increase in value within the official Nigerian Foreign Exchange Market as trading turnover declined.
US Dollar to Nigerian Naira Exchange Rates for July 10, 2026
On July 10, 2026, the Nigerian naira held steady against the dollar at ₦1,375.94 in the official market, while parallel market rates fluctuated between ₦1,410 and ₦1,425.
Nigerian Naira Gains Value Against Dollar
The Nigerian Naira strengthened against the dollar in both the official and parallel markets, although trading volume at the NFEM dropped significantly.