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 on Thursday, 12 November 2026, under heavy demand pressure, widening the gulf between official and street foreign exchange rates. Data from the Central Bank of Nigeria places the local currency at the official Nigerian Foreign Exchange Market within the N1,350.36 to N1,353.50 per dollar band. Meanwhile, early international currency feeds…
Trading across Nigeria’s foreign exchange venues opened with subtle movements as the local currency navigated persistent demand pressure. Official transactions at the Nigerian Foreign Exchange Market commenced around N1,339.93 to the United States dollar on 27 October 2026. This performance reflects mild adjustments from recent sessions where clearing rates hovered within the N1,330 to N1,360…
Nigeria’s naira held steady in early trade on Friday, 23 October 2026, exchanging at N1,330.95 against the American dollar on the official foreign exchange market. Screen-based trades opened within a tight range of N1,330.95 to N1,332.00 per dollar, giving commercial lenders in Lagos a welcome respite from wild price swings. Tight monetary policy preserves brittle…
The Nigerian naira lost more ground in the parallel market on Monday, sliding to N1,420 against the United States dollar from N1,406 recorded at the close of last week, even as the currency held its footing in the official window. The divergence has quietly reopened a gap that policymakers spent much of the first…
The naira eased further against the United States dollar on Tuesday, closing weaker in both the parallel and official windows as sustained demand for foreign currency continued to test the relative calm that has defined Nigeria’s foreign exchange market for much of 2026. At the parallel market, the currency weakened to N1,405 per…
The naira turned in a mixed showing against the United States dollar on Tuesday, July 7, 2026, steady at the official window even as it lost a little ground on the streets, a pattern that has come to define the currency’s day to day movement in recent months. At the official Nigerian Foreign Exchange…
The Nigerian naira opened the second half of the year trading steadily at N1,379.69 against the United States dollar in the official foreign exchange market. Market snapshots throughout the morning show minimal volatility as the local currency defends its current price corridor. The rate briefly touched an intraday high of N1,380.49 before sliding backward to…
The naira opened the week on solid footing, trading at around ₦1,363.41 to the United States dollar at the official window on Monday, June 22, 2026, as the gap between the formal and street markets stayed unusually slim. The figure, drawn from the Nigerian Foreign Exchange Market, reflects the volume-weighted average that the Central…
The naira weakened to N1,410 against the United States dollar in the parallel market on Thursday, easing from N1,405 a day earlier, as renewed demand pressure pushed the currency lower across both segments of Nigeria’s foreign exchange market. At the official window, the currency also lost ground. Data from the Central Bank of Nigeria…
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,…