Naira Gains Ground as Official Rates Hold Steady

Naira Holds Firm at N1,379 as Market Gaps Close

The Nigerian Naira opened the second quarter of 2026 with a show of resilience, trading at N1,379.30 against the United States Dollar on Tuesday, April 7. Stability in the official Nigerian Foreign Exchange Market (NFEM) follows a period of mild volatility in late March. The Central Bank of Nigeria (CBN) successfully bridged liquidity gaps through…

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Naira Opens Stable as FX Gap Persists

Naira Holds Steady at N1,399 

The Nigerian Naira maintained a stable trajectory against the US Dollar during early trading on Wednesday, March 11, 2026. Data from the Nigerian Foreign Exchange Market (NFEM) and parallel channels show the local currency has successfully resisted pressure from corporate demand. The Naira opened the day at ₦1,397.00 and, by mid-morning, was quoted at approximately…

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