Naira Hits N1,430/$ at Parallel Market The naira strengthened to between 1,425 and 1,430 per dollar at the parallel market following the Central Bank of Nigeria’s renewed directive allowing the sale of foreign exchange to Bureau De Change operators, a development stakeholders say is already...

‎The naira on Tuesday surged to a record high of ₦1,372.91 per dollar in the official foreign exchange (FX) market, marking a significant milestone in Nigeria’s currency trajectory.

Naira Hits N1,396.99/$, Breaks N1,400 Barrier   Nigeria’s naira has traded below the N1,400/$1 level on the official market for the first time in over a year, marking a notable psychological and market milestone for the currency. Data from the Central Bank of Nigeria show that the...

Since the unification of foreign exchange in 2023, the naira has been on a journey to find its footing. In 2025, its performance has been mixed, with distinct phases of depreciation, stabilisation, and eventual appreciation at different points.

Naira Holds Steady at N1,450 Officially, Trades at N1,374 on Parallel Market  The naira traded around ₦1,450 to the US dollar in Nigeria’s official Nigerian Foreign Exchange Market (NFEM) on Friday, November 21, 2025, while the Lagos parallel (black) market quoted the dollar between about...

The naira appreciated against the U.S. dollar on Tuesday, October 28, recording gains in both the parallel market and at the Nigerian Foreign Exchange Market (NAFEM).