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Official market

Naira Opens Week With Gain Across FX Markets

Dollar Rate Declines In Black Market, Rises In Official Window

The foreign exchange (FX) rate for the United States dollar (USD) declined to N1,404.8 kobo per $1 on Wednesday, February 25, from N1,428.53 kobo per $1. According to Naira Rates, the black market price aggregator, the USD rate decreased by N23.73 kobo,

February 25, 2026

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

Business·Top Stories

Black Market Traders Exchange Dollar At N1,428/$

About N43.54 kobo appreciation was recorded in the price for the United States dollar (USD), which surged to N1,428.53 kobo per $1 in the black market on Tuesday, February 24. The value of the American greenback had increased from the N1,384.99 kobo

February 24, 2026

Naira Ends Week With N59.71 Gain At Official Market

Business·Top Stories

USD Rate Rises By N35 In Black Market, Increases To N1,349/$ In Official Window

The United States dollar (USD) was priced at N1,384.99 kobo on Monday, February 23, up from the N1,349.99 kobo per $1 recorded on Friday, February 20. The foreign exchange (FX) rate for the USD had increased by N35, while the value of

February 23, 2026

Business·Top Stories

Official, parallel markets’ FX rates near convergence as gap shrinks to N3

On Friday, February 20, the foreign exchange (FX) rate for the United States dollar (USD) in the black market and the official window consolidated, as the gap shrank to N3.67 kobo, from N11.64 kobo. According to Naira Rates, the black market aggregator,

February 20, 2026

Business·Top Stories

Black Market Traders Exchange Dollar At N1,441, Pound At N2,014

The black market on Tuesday, February 10, recorded N1,441 per dollar, declining from the N1,446.99 kobo per $1 reported on Monday, February 9, according to the black market aggregator, Naira Rates. This represents a N5.99 kobo decline in the foreign exchange (FX)

February 10, 2026

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Top Stories

Gap Between Official Window, Black Market Rates Now N82

The United States dollar (USD) traded at N1,366.19 kobo per $1 in the Nigerian foreign exchange market (NFEM) on Friday, February 6, similar to the N1,366.05 per USD recorded on Thursday, February 5. This was revealed in data obtained from the Central

February 6, 2026

Black Market, Official Window Dollar Rates' Gap Widens To N127 After BDCs Hike USD Price

Business·Top Stories

Dollar Rate Increases To N1,366/$ In Official Market

On Thursday, February 5, N1,366.05 per dollar was the official rate for the United States (US) currency in the Nigerian foreign exchange market (NFEM), rising above the N1,358.28 kobo per $1 reported on Wednesday, February 4. This represents a N7.72 kobo increase

February 5, 2026

BDC Operators' Pound Rate Causing Gains, Loses For Nigerians

Business·Top Stories

Naira Appreciates Against Dollar, Pound, Euro In Official Market

The Nigerian foreign exchange market (NFEM) closed with N1,358.28 kobo per dollar being the official rate for the day on Wednesday, February 4. According to data obtained from the Central Bank of Nigeria (CBN), the official rate dropped from the N1,372.91 kobo

February 4, 2026

Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Business·Top Stories

Dollar Appreciates Against Naira In Black Market, Trades At N1,454/$

The black market recorded a N17.99 kobo increase in the foreign exchange (FX) rate of the United States dollar (USD) on Monday, February 2. During trading, the American greenback exchanged for N1,454.99 kobo per dollar, above the N1,437 per $1 it traded

February 2, 2026

Naira Falls Against Dollar Across FX Markets

Business·Top Stories

Dollar Trades At N1,421/$, Pound Exchanges At N1,923/£ In Official Market

The foreign exchange (FX) rate of the United States dollar (USD) increased marginally to N1,421.9 kobo per $1 on Friday, January 23, in the Nigerian foreign exchange market (NFEM), also known as the official window. It was gathered that the exchange rate

January 23, 2026

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Official market

Dollar Rate Declines In Black Market, Rises In Official Window

Black Market Traders Exchange Dollar At N1,428/$

USD Rate Rises By N35 In Black Market, Increases To N1,349/$ In Official Window

Official, parallel markets’ FX rates near convergence as gap shrinks to N3

Black Market Traders Exchange Dollar At N1,441, Pound At N2,014

Gap Between Official Window, Black Market Rates Now N82

Dollar Rate Increases To N1,366/$ In Official Market

Naira Appreciates Against Dollar, Pound, Euro In Official Market

Dollar Appreciates Against Naira In Black Market, Trades At N1,454/$

Dollar Trades At N1,421/$, Pound Exchanges At N1,923/£ In Official Market

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