Browsing Tag
Exchange Rate
14 posts
Naira Gains Value Against Dollar Ahead of Critical CBN Policy Meeting
The naira strengthened slightly in official trading on Monday as the market prepares for the Central Bank of Nigeria's latest interest rate decision.
Nigerian Naira Exchange Rate Analysis: July 17, 2026
The Nigerian naira remained stable against the dollar on July 17, 2026, as the official exchange market shows minor fluctuations while analysts await the upcoming Central Bank policy meeting.
Naira Exchange Rates: July 15, 2026 Update
The naira showed mixed results on July 15, 2026, with a slight dip in the official market and an improvement in the parallel market.
Nigeria Currency Update: Naira and Dollar Exchange Rates for July 14, 2026
The Nigerian naira remained stable in official markets on July 14, 2026, while the parallel market continued to trade at a premium of approximately ₦30 per dollar.
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.
Naira Exchange Rates: July 13, 2026 Update
On July 13, 2026, the naira traded at ₦1,382.33 in the official market while maintaining a higher rate in the parallel market due to persistent demand.
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.
Naira Gains Value Against Dollar Across Markets
The naira recorded gains in both the official and parallel markets as the exchange rate gap narrowed significantly.
Nigerian Naira Declines Against Dollar in Both Official and Parallel Markets
The Naira weakened against the dollar in both official and parallel markets yesterday, leading to a wider gap between the two rates as trading volume fell.
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.