Suggestions




·

Naira Appreciates Against Dollar, Pound, Depreciates Against Euro In Official Market

January 22, 2026
by
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th August 2025

The United States dollar (USD) rate declined to N1,421.5 kobo in the Nigerian foreign exchange market (NFEM), also known as the official window, on Thursday, January 22.

According to the data obtained from the Central Bank of Nigeria (CBN), the official window recorded a N1.5 kobo decline in the dollar rate, which dropped from the N1,423 per $1 recorded on Wednesday, January 21.

Join our WhatsApp Channel

This indicates the naira appreciated in value by 0.10 percent in the Nigerian foreign exchange market.

The data showed that during trading hours in the official market, the highest the dollar traded was N1,423.5 kobo per USD, while the lowest rate was N1,421 per $1.

In addition, the foreign exchange rate for the pound decreased to N1,907.88 kobo per £1 in the official market, as the naira appreciated marginally against the British currency by 0.01 percent.

The foreign exchange rate had declined by N0.29 kobo from the N1,908.17 kobo per £1 reported the previous day, according to the NFEM data.

Also, the euro was traded at N1,665.36 kobo per €1 in the Nigerian foreign exchange market, compared to the N1,664.89 kobo per €1 recorded the day before.

This implies the rate for the European currency increased by N0.47 kobo, while the naira depreciated slightly in value by 0.02 percent against the euro.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: editor@primebusiness.africa and publisher@primebusiness.africa

+ posts

Prime Business Africa

Leave a Reply

Your email address will not be published.

Related Posts

NGX
Previous Story

Nigeria’s Stock Market Valuation Drops By N557bn

Next Story

25 Inspiring Quotes from Successful African Entrepreneurs in 2025

Featured Stories

Related Posts

Latest from Business

Each Nigerian Paid Nearly ₦19,000 to Electricity DisCos in December 2025

On average, each electricity consumer in Nigeria contributed about ₦18,860 to distribution companies (DisCos) in December 2025, the Nigerian Electricity Regulatory Commission (NERC) reported Friday. DisCos billed ₦258.66 billion of the ₦309.65 billion worth of electricity supplied, achieving a billing efficiency of
John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

Nigerian Stock Market Valuation Rises By N119bn

The Nigerian Exchange (NGX), also known as the stock market, recorded a N119.03 billion gain on Friday, March 6, after the market valuation of the bourse increased to N126.43 trillion, from the N126.31 trillion reported on Thursday, March 5. At the end

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of
NGX
Previous Story

Nigeria’s Stock Market Valuation Drops By N557bn

Next Story

25 Inspiring Quotes from Successful African Entrepreneurs in 2025

Don't Miss

Burkinabé peacekeeper in Mali is UN Woman Police Officer of the Year

NEW YORK, USA, 31 August 2022 -/African Media Agency(AMA)/- A peacekeeper from

Anambra Police Arrest Four Suspects Over Threats Of Kidnapping, Violence In Ihiala

Operatives of the Anambra State Police Command have arrested four