Browsing Tag
NFEM
8 posts
August 11, 2026: Official and Parallel Market Naira Exchange Rates
On August 11, 2026, the naira traded at ₦1,368 in the official market while the parallel market rate reached ₦1,405, reflecting a stable spread of roughly ₦37.
August 10, 2026: Official and Parallel Market Naira Exchange Rates
The naira remained steady against the dollar on August 10, 2026, with the official rate at ₦1,362.55 and the parallel market rate around ₦1,425.
August 6, 2026: Naira Exchange Rates Against the US Dollar
The naira held steady at ₦1,362.55 in the official market on August 6, 2026, while the gap with the parallel market rate widened to ₦62.
Naira Value Fluctuates Across Official and Informal Markets
The naira saw mixed results on Tuesday, dropping in the parallel market while gaining value in the official Nigerian Foreign Exchange Market.
Currency Exchange Update: Naira and Dollar Rates for July 28, 2026
A look at the naira's performance against the dollar on July 28, 2026, highlighting the narrowed gap between official market rates and the parallel sector.
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.