Browsing Tag
Forex
7 posts
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.
Naira Weakens Against Dollar on July 10, 2026
The Naira dipped slightly in the official market on Friday while remaining unchanged in the parallel sector, despite a recent increase in Nigeria's foreign reserves.
Nigerian Naira Faces Decline Across Currency Markets on July 3, 2026
The Nigerian Naira weakened in both official and black market trading on Friday, July 3, 2026, despite a rise in the nation's external reserves.
Naira Exchange Rate Analysis: July 3, 2026
The Nigerian Naira showed steady performance against the Dollar on Friday, with rates aligning closely between official and parallel markets as liquidity stabilizes.
Naira Maintains Stability Against US Dollar on July 1, 2026
The Nigerian naira remained steady against the US dollar on July 1, 2026, with the official exchange rate hovering at ₦1,380.17 and a narrow spread maintained in the parallel market.
June 30, 2026: Nigerian Naira Experiences Initial Gains Against the Dollar
The Nigerian Naira recorded a minor gain against the dollar in the official market on June 30, 2026, marking its first appreciation in nearly a week.
Nigeria’s Net Foreign Exchange Inflow Declines by 24 Percent
The Central Bank of Nigeria reported a 24 percent monthly decline in net foreign exchange inflow, dropping to $6.92 billion in February 2026 due to reduced capital activity.