Trending Naija Newsnaira to dollar rate Archives

Naira Exchange Rate Today: Dollar Holds Near N1,333 as Fresh CBN NFEM Data Shapes the Outlook for Banks and Customers

October 13, 2026 by Akinyemi Hannah

Naira Exchange Rate Today: Dollar Holds Near N1,333 as Fresh CBN NFEM Data Shapes the Outlook for Banks and Customers The naira closed at N1,332.99 to the dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, October 12, according to Central Bank of Nigeria data published on Tuesday. That is 50 kobo weaker than … Read more

Naira Gains Slightly Against Dollar Amid Ongoing Currency Pressures

January 23, 2025 by Adeshina Olalekan

The Nigerian naira showed a glimmer of resilience on Wednesday, January 22, 2025, as it recorded modest gains against the US dollar in both the official and parallel markets. This slight recovery, though small, has sparked cautious optimism among market watchers, even as the broader challenges plaguing the naira persist. Data from the FMDQ Securities … Read more