Naira Faces Pressure as Dollar Trades at ₦1,428, Pound Hits ₦1,874
LAGOS, November 6, 2026 – The Nigerian naira traded under pressure against major international currencies on Friday, with the United States dollar exchanging at approximately ₦1,428 on the parallel market amid continued fluctuations in the foreign exchange market. Latest market figures show that the dollar is being bought at about ₦1,413 and sold at ₦1,428, […]
Naira Exchange Rate Today, November 4, 2026: Dollar ₦1,390, Pound ₦1,860, Euro ₦1,560 in Parallel Market
ABUJA, November 4, 2026 — The Nigerian naira traded at different rates against major international currencies on Wednesday, as the foreign exchange market continued to attract attention from businesses, investors and currency traders. The US dollar exchanged at approximately ₦1,346.93 at the official market, while parallel-market dealers quoted the dollar at about ₦1,390. The British […]
Naira Exchange Rate Today: Dollar Sells at ₦1,392, Pound at ₦1,853 as Currency Market Opens
ABUJA, Nigeria – November 3, 2026 The Nigerian naira recorded mixed movements against major international currencies on Tuesday as traders and Bureau De Change operators quoted varying exchange rates across the foreign exchange market. The US dollar was quoted at approximately ₦1,346.01 at the official market, while it sold for about ₦1,392.28 at the parallel […]
Naira Opens November Under Pressure as Dollar Trades at ₦1,391 on Parallel Market
LAGOS, November 2, 2026 – The Nigerian naira opened the new trading week with mixed performance against the United States dollar, as exchange rate movements continued to attract attention across the country’s foreign exchange market. In the official Nigerian Foreign Exchange Market (NFEM), the dollar traded at an average rate of ₦1,346.26 on Friday, October […]
Naira Exchange Rate: Dollar Trades at ₦1,390 as Pressure Persists in Nigeria’s FX Market
ABUJA, October 30, 2026 – The Nigerian naira continued to trade under pressure against major international currencies, with the United States dollar exchanging at approximately ₦1,390 in the parallel market on Friday. In the official foreign exchange market, the dollar was quoted at ₦1,346.91, based on the latest reported Central Bank of Nigeria (CBN) figures […]
Naira Exchange Rate Today: Dollar Trades at ₦1,347
LAGOS, October 29, 2026 — The naira continues to attract attention in Nigeria’s foreign exchange market as businesses and investors monitor its performance against major international currencies. Exchange Rates Today Official Market: Parallel Market (Black Market): Exchange rates may vary depending on the dealer and location. Nigerians are advised to confirm current rates before conducting […]
Naira Exchange Rate: Dollar Trades Around ₦1,353 as Pound, Euro Remain Elevated
Wednesday, October 28, 2026 The Nigerian naira traded at around ₦1,353 per US dollar in the official foreign exchange market, while the British pound and euro continued to exchange at higher rates against the local currency. Figures published for Tuesday, October 27, showed the dollar’s official Nigerian Foreign Exchange Market (NFEM) closing rate at approximately […]
Naira Weakens to ₦1,367/$ at Official Market as Dollar Trades at ₦1,385 on Black Market
ABUJA, October 27, 2026 — The Nigerian naira came under renewed pressure against the United States dollar, with the local currency closing at ₦1,367.60 per dollar in the official foreign exchange market on Monday. Data published for the Nigerian Foreign Exchange Market (NFEM) showed that the naira weakened from ₦1,361.83 per dollar recorded on Friday, […]
Naira Faces Fresh Pressure as Dollar Demand Weighs on Foreign Exchange Market
ABUJA, Nigeria — October 26, 2026 — The Nigerian naira is facing renewed pressure in the foreign exchange market as demand for dollars and other foreign currencies continues to influence trading activities, raising concerns about exchange-rate stability and the cost of imports. Recent market data indicate that the naira weakened at the official foreign exchange […]
Naira Exchange Rate Today: Dollar Trades at ₦1,344, Pound Nears ₦1,800
ABUJA, Nigeria — October 23, 2026 The Nigerian naira is in focus as businesses, investors and consumers monitor movements in the foreign exchange market, with the US dollar trading at approximately ₦1,344, the British pound at ₦1,798 and the euro at ₦1,506, based on indicative rates reported for the market. The exchange rate remains a […]