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Dollar to Naira Hits N1,366 as Nigeria Battles Currency Pressures

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On May 8, 2026, the Nigerian naira traded at about N1,366 per dollar in the official market, while parallel market rates ranged between N1,395...

Dollar Demand Pushes Naira Divergence Wider Despite Year-to-Date Gains

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Today, April 28, 2026, the Nigerian Naira trades officially at about ₦1,360.19 per US Dollar, while in the parallel market rates are significantly higher,...

Naira Weakens Sharply as Dollar Hits N1,500 in Parallel Market.

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LAGOS, Nigeria — The Nigerian naira plunged to a new low in the parallel foreign exchange market this week, with the U.S. dollar selling...

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