Browsing Tag
Naira
19 posts
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.
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.
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.
Central Bank Confirms N100 Note Status as Valid Currency
The Central Bank of Nigeria has confirmed that the standard N100 note remains valid tender following reports of businesses rejecting the currency.
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 Gains Value Against Dollar Across Markets
The naira recorded gains in both the official and parallel markets as the exchange rate gap narrowed significantly.
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.
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.