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Parallel Market

Naira Appreciates Against Dollar Across FX Markets

On Tuesday, January 6, the foreign exchange rate for the United States dollar (USD) decreased by N17 or 1.18 percent to N1,416 on the Nigerian foreign exchange market (NFEM). According to data obtained from the Central Bank of Nigeria (CBN), the dollar

January 6, 2026

Naira Falls Against Dollar Across FX Markets

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Official, Parallel Markets Record Increase In Dollar Rates

The Nigerian foreign exchange market (NFEM), also known as the official window, recorded a rate of N1,433 per dollar at the close of trading on Monday, January 5. This was N2 above the N1,431/$1 reported on Friday, January 2, 2026, indicating the

January 5, 2026

CBN Insists On June 3 Recapitalisation Deadline For BDCs

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Dollar Rate Rises In Official Window, Euro, Pound Rates Drop

On Friday, January 2, 2026, the Nigerian foreign exchange market (NFEM) recorded a N2 increase in the foreign exchange (FX) rate of the United States dollar (USD). Based on data obtained from the Central Bank of Nigeria (CBN), the USD rate increased

January 2, 2026

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

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Dollar Sells For N1,429/$ In Official Window, USD Rate Unchanged In Black Market

The foreign exchange (FX) rate of the United States dollar (USD) remained unchanged in the black market on Wednesday, as the American greenback traded flat at N1,478 per $1. Data obtained from Naira Rates, a black market rate aggregator, showed that the

December 31, 2025

Naira Rises To N1,500/$ At Official Market

Business·Top Stories

Naira Depreciates Against Dollar As USD Rate Rises To N1,478/$ In Black Market

The naira on Tuesday, December 30, depreciated by 0.47 percent after the foreign exchange (FX) rate of the United States dollar (USD) increased to N0.7 kobo in the black market. According to Naira Rates, the parallel market rate aggregator, the USD exchange

December 30, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today

Business·Top Stories

Dollar Rate Rises To N1,471/$ In Black Market, Drops To N1,446/$ In Official Window

The black market recorded a N3.01 increase in the foreign exchange (FX) rate of the United States dollar (USD) on Monday, December 29. In the black market data obtained from Naira Rates, the USD rate increased to N1,471 per dollar, from the

December 29, 2025

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Top Stories

Naira Records Strong Performance Against Dollar In Parallel, Official Markets

The naira recorded a strong performance against the United States dollar (USD) this week, appreciating by 0.60 percent between Monday, December 22, and Wednesday, December 24, in the black market. Both the parallel market and the official window opened trading for three

December 26, 2025

Business

Dollar Rate Drops By N10 In Black Market

Over N10 was removed from the foreign exchange rate for the United States dollar (USD) in the black market on Wednesday, December 24. According to Naira Rates, the price for a dollar had depreciated to N1,467.99 kobo per $1, from the N1,477.99

December 24, 2025

Business

Naira Appreciates Against Dollar, Trades At N1,477 Per USD

The foreign exchange rate of the United States dollar (USD) increased to N1,477.99 kobo per $1 in the parallel market on Tuesday, December 23, from the N1,476.95 kobo per USD recorded on Monday, December 22. This represents a 0.07 percent decline in

December 23, 2025

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Top Stories

Dollar Rate Drops In Black Market, Stable In Official Window

In the parallel market on Monday, December 22, the United States dollar (USD) traded for N1,476.95 per $1, compared to the N1,489.01 per USD recorded on Friday, December 19. According to Naira Rates, a black market rates aggregator, the foreign exchange (FX)

December 22, 2025

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Parallel Market

Naira Appreciates Against Dollar Across FX Markets

Official, Parallel Markets Record Increase In Dollar Rates

Dollar Rate Rises In Official Window, Euro, Pound Rates Drop

Dollar Sells For N1,429/$ In Official Window, USD Rate Unchanged In Black Market

Naira Depreciates Against Dollar As USD Rate Rises To N1,478/$ In Black Market

Dollar Rate Rises To N1,471/$ In Black Market, Drops To N1,446/$ In Official Window

Naira Records Strong Performance Against Dollar In Parallel, Official Markets

Dollar Rate Drops By N10 In Black Market

Naira Appreciates Against Dollar, Trades At N1,477 Per USD

Dollar Rate Drops In Black Market, Stable In Official Window

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