The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The naira traded within a familiar, narrow band against the United States dollar on Wednesday, holding its recent run of relative calm in both the official and street markets even as retail demand kept the parallel rate above the ₦1,400 mark. Figures from the Central Bank of Nigeria’s Nigerian Foreign Exchange Market, NFEM, placed…
The Nigerian naira is showing resilience at the official window this Wednesday, April 29, 2026, trading around the ₦1,360 mark. Market data confirms a period of relative stability, with the currency hovering near ₦1,360.19 per dollar. While official channels maintain this tight band, the parallel market remains under persistent pressure, with rates reported between ₦1,480…
The Nigerian naira holds steady in both official and parallel foreign exchange markets this week. Official rates at the Nigerian Foreign Exchange Market (NFEM) hover between ₦1,350 and ₦1,355 per dollar. This performance reflects the Central Bank of Nigeria’s managed float system. The regulator attempts to curb sharp volatility through intermittent interventions. Market sentiment remains…