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 Nigerian naira opened trading at 1,332.47 to the United States dollar on the official Nigerian Foreign Exchange Market on Wednesday, 14 October, whilst informal currency dealers across Broad Street in Lagos and Wuse Zone 4 in Abuja sold physical notes to retail customers at 1,375 naira. Parallel market desks never run dry. Central Bank…
The Nigerian naira slipped to 1,362 per greenback in street trading on Wednesday, 7 October 2026, even as the legal tender gained modest ground inside official banking windows. Data from the Nigerian Foreign Exchange Market show the official rate firmed to 1,331.50 per dollar, carving out a modest gain of 1.40 naira after heavy institutional…
The Nigerian naira climbed to 1,357 per greenback in street trading on Tuesday, 6 October 2026, cutting the premium between parallel dealers and the official market to its lowest level in months. Data from the Nigerian Foreign Exchange Market placed the weighted trading average at 1,332.90 per dollar, leaving a modest spread of just 24.10…
Nigeria’s naira opened trading on Monday, 28 September 2026, pegged near 1,327.72 naira to the US dollar at the official Nigerian Foreign Exchange Market. The spot rate maintains the narrow band established late last week after the central bank closed Friday’s formal window at 1,329.51 naira. Currency dealers in Lagos and Abuja watch these figures…
The Nigerian naira held steady at 1,326.30 to the American dollar on the official window on Tuesday, 15 September 2026. Central Bank of Nigeria records show that the spot rate firmed slightly from Monday’s opening levels at the Nigerian Foreign Exchange Market. Street dealers in Lagos, Abuja, and Kano quoted the greenback between 1,385 naira…
The Nigerian naira opened the trading week at 1,326.84 to the American dollar on the official window on Monday, 14 September 2026. Central bank records show that the spot rate held steady near the 1,326.52 recorded over the weekend at the Nigerian Foreign Exchange Market. Street traders in Lagos, Abuja, and Kano quoted the greenback…
The Nigerian naira strengthened to 1,344.45 per US dollar on Thursday morning as foreign exchange liquidity improved across formal trading desks. Indicative pricing on the official market showed steady gains from earlier closes near the 1,350 mark. Street dealers in the parallel market sold the greenback for roughly 1,404 naira, leaving the gap between the…
Nigeria’s currency closed the trading week on a remarkably even keel, with the naira quoted at about ₦1,368.22 to the United States dollar at the Nigerian Foreign Exchange Market on Friday, August 7, 2026, a level that caps one of the longest stretches of exchange rate calm the country has seen since the market…
Nigeria’s embattled currency is enjoying a rare moment of relative calm against the greenback. The naira opened trading today at N1,363 per US dollar in the official Nigerian Foreign Exchange Market. Parallel market dealers are asking for roughly N1,400 for the same dollar notes. This narrow gap between the two markets points to a temporary…
Nigeria’s currency held firm against the United States Dollar in the early hours of Thursday, May 21, 2026, trading at 1,371.25 per Dollar in the Nigerian Foreign Exchange Market, the official window for formal currency trade, following the Central Bank of Nigeria’s decision to retain its benchmark interest rate unchanged. The Monetary Policy Committee…