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The Nigerian naira maintained relative stability against the United States dollar on Thursday, June 4, 2026, trading within a tight band across both the official and parallel foreign exchange windows as market reforms continued to anchor price discovery. At the Nigerian Foreign Exchange Market (NFEM), the naira was quoted at approximately N1,373.25 per dollar,…
The Nigerian naira recorded slight movements against the United States dollar in both the official and parallel foreign exchange markets on Monday, May 18, 2026, as demand pressure for foreign currency continued to weigh on the market. Data from the Nigerian Foreign Exchange Market showed the official exchange rate hovering around N1,371 per dollar,…
The United Kingdom has been identified as the largest source of capital importation into Nigeria during the third quarter of 2025, contributing nearly half of all foreign capital inflows recorded in the period, according to official data released by the National Bureau of Statistics. Figures published by the NBS on its X handle on…
