Browsing Tag
Exchange Rate
28 posts
Naira Gains Value Against Dollar in Official and Parallel Markets on July 24, 2026
The Nigerian naira saw consistent growth against the US dollar on July 24, 2026, rising in both formal bank channels and the black market as national foreign reserves hit $52.02 billion.
Naira Performance Against the US Dollar: July 24, 2026
On July 24, 2026, the Nigerian naira showed stability, trading at ₦1,369.92 in the official market and approximately ₦1,420 in the parallel market.
Nigerian Naira Hits Weekly High Against US Dollar on July 22, 2026
The Nigerian naira strengthened significantly in both official and parallel markets on July 22, 2026, reaching its highest weekly gains as external reserves climbed to $52.03 billion.
Currency Exchange Update: Dollar to Naira Rates for July 22, 2026
On July 22, 2026, the naira traded at ₦1,381.68 per dollar in the official market, while the parallel market saw rates reaching ₦1,413 per dollar.
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.