Browsing Tag
Forex
23 posts
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.