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Parallel Market

Dollar Sells At N1,357/$1 In NFEM, N1,404/$ In Parallel Market

August 14, 2026

The foreign exchange (FX) rate of the United States dollar (USD) was reduced by N2.92 kobo to N1,357.65 kobo per $1 in the Nigerian foreign exchange market (NFEM) on Thursday. Dollar: Official

Naira Trades Flat Against Dollar, Pound, Appreciates Against Euro

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Official Window Rates For Dollar, Euro, Pound Fall As Naira Strengthens

August 12, 2026

The United States dollar (USD) was traded at N1,360.57 kobo per $1 by the foreign currency traders in the Nigerian foreign exchange market (NFEM), also known as the official window, on Wednesday.

Dollar Rate Rises By N4, Pound Trades At N1,804/£, Euro Sells At N1,545/€

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Naira Trades Flat Against Dollar, Euro — But Pound Rate Drops To N1,847/£

July 13, 2026

The naira held its ground against the United States dollar (USD) on Monday in the Nigerian foreign exchange market (NFEM), after foreign currency traders offered N1,379.65 per $1 as the official USD

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Dollar Appreciates Against Naira In Official, Parallel Markets

July 10, 2026

In the Nigerian foreign exchange market (NFEM) on Friday, the United States dollar (USD) traded at N1,379.62 kobo per USD, compared to the N1,378.43 kobo per $1 recorded during trading on Thursday.

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Dollar Trades At N1,383/$ In Official Window, N1,407/$ In Parallel Market

June 29, 2026

In the Nigerian foreign exchange market (NFEM) on Monday, the United States dollar (USD) was traded at N1,383.62 kobo per $1, as foreign currency traders increased their offer by N2.69 kobo. Dollar:

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

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

February 5, 2026

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

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Naira Appreciates Against Dollar Across FX Markets

January 6, 2026

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

Naira Falls Against Dollar Across FX Markets

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Official, Parallel Markets Record Increase In Dollar Rates

January 5, 2026

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

CBN Insists On June 3 Recapitalisation Deadline For BDCs

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

January 2, 2026

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

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

December 31, 2025

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 Rises To N1,500/$ At Official Market

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

December 30, 2025

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

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

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

December 29, 2025

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,

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

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Naira Records Strong Performance Against Dollar In Parallel, Official Markets

December 26, 2025

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

Business News

Dollar Rate Drops By N10 In Black Market

December 24, 2025

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

Business News

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

December 23, 2025

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

Naira Appreciates, Ends Week Positive Across Official, Black Markets

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Dollar Rate Drops In Black Market, Stable In Official Window

December 22, 2025

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

Naira Ends Week With Marginal Gain Against Dollar

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Naira Remains Stable Against Dollar In Black Market

December 19, 2025

Traders in the black market on Friday, December 19, saw no changes in the foreign exchange (FX) rate for the United States dollar (USD), as the naira neither depreciated nor appreciated. In

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Exchange Rates For Dollar Increase Across Parallel, Official Markets

December 18, 2025

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the N1,487.01/$1 reported on Wednesday, December 17. According to

Business News·Markets·Top Stories

Dollar Trades Flat In Black Market, Appreciates In Official Window

December 17, 2025

The dollar traded at N1,487.01/$1 in the parallel market on Wednesday, December 17, indicating the naira neither depreciated nor appreciated against the United States currency. On Tuesday, December 16, the black market

Naira Records Marginal Gain As External Reserves Hit $41.27bn In August

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Naira Depreciates To N1,487/$ In Black Market, Appreciates To N1,943/$ In Official Window

December 16, 2025

During trading in the black market on Tuesday, December 16, the foreign exchange rate for the United States dollar (USD) increased by N2.01, indicating the naira depreciated in value by 0.13 percent.

Business News·Top Stories

Dollar Rate Drops To N1,485/$ In Parallel Market

December 15, 2025

In the parallel market on Monday, the foreign exchange rate of the United States dollar (USD) decreased to N1,485 per $1, as the naira continues its rebound against the foreign currency. The

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Gap Between Official Window, Parallel Market Dollar Rates Drops To N34

December 12, 2025

The gap between the exchange rates for the United States dollar (USD) in the official window and the parallel market reduced from N49.75 kobo on Thursday, December 11, to N34.47 kobo on

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

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Dollar Rate Drops To N1,455/$ In Official Window, Rises To N1,505/$ In Parallel Market

December 11, 2025

In the Nigerian foreign exchange market (NFEM), also known as the official window, the foreign exchange (FX) rate of the United States dollar (USD) dropped to N1,455.25/$ on Thursday, December 11. The

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

December 10, 2025

The naira depreciated against the dollar by 0.27 percent to N1,458/$ on Wednesday, December 10, in the Nigerian foreign exchange market (NFEM), also known as the official window. On Tuesday, December 9,

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Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

December 9, 2025

The foreign exchange (FX) rate for the United States dollar (USD) closed at N1,454/$ in the Nigerian foreign exchange market (NFEM), also known as the official window, on Tuesday, December 9, 2025.

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Dollar Rate Closes At N1,454/$ In Official Window

December 8, 2025

In the Nigerian foreign exchange market (NFEM), also known as the official window, on Monday, December 8, the United States dollar (USD) traded flat at N1,454 per $1, the same foreign exchange

FX Market: Naira Opens Week With Decline

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Dollar Rate Rises To N1,454/$ As Naira Continues To Depreciate In Official Window

December 5, 2025

The naira depreciated against the United States dollar (USD) on Friday, December 5, by 0.34 percent as the exchange rate for the foreign currency increased by N5 at the end of trading

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Naira Depreciates In Official Window, Trades At N1,449 Per Dollar

December 4, 2025

The foreign exchange (FX) rate for the United States dollar (USD) appreciated by N1.5 kobo to N1,449/$ on Thursday, December 4, in the Nigerian foreign exchange market (NFEM), also known as the

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Dollar Depreciates Against Naira In Official Window, Trades At N1,473/$ In Black Market

December 2, 2025

The United States dollar (USD) depreciated against the naira on Tuesday, December 2, as the foreign exchange (FX) rate closed trading at N1,447/$. Data covering the Nigerian foreign exchange market (NFEM), released

Business News·Top Stories

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

December 1, 2025

In the official window on Monday, December 1, the foreign exchange rate for the dollar increased by N3.1 kobo after the naira depreciated by 0.21 percent at the close of trading. According

Business News·Top Stories

Dollar Rate Drops To N1,467/$ In Parallel Market, Rises To N1,446/$ In Official Window

In the parallel market on Friday, November 28, the foreign exchange rate decreased by N7 to N1,467.9 kobo per dollar, from N1,474.9 kobo/$ reported on November 27. This indicates the naira became stronger in the black market, appreciating by 0.47 percent, according

November 28, 2025

Business News

Dollar Rate Gap Between Official Window, Parallel Market Reduces To N29

The gap between the parallel market and the official window reduced to N29 on Thursday, November 27, from N32.9 kobo recorded on Wednesday, November 26. The gap reduced despite the United States dollar (USD) appreciating against the naira in the official window,

November 27, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th September 2025

Business News

Dollar Rate Increases In Parallel Market, Drops In Official Window

The dollar strengthened by 0.34 percent against the naira on Tuesday, November 25, as the foreign exchange (FX) rate increased to N1,480/$ in the parallel market. On Monday, November 24, the greenback had traded for N1,474.9 kobo/$, indicating the cost of buying

November 25, 2025

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy·Currency

Naira Gains At Official Investors Window

As the official investors and exporters windows closed on the 28th of July, the naira gained on the dollars closing N41.6/$1 representing a 0.02% appreciation compared to N411.65/$1 recorded on Tuesday, 27th July 2021. At the parallel market, naira declined significantly by

July 29, 2021

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