Key points:
Official CBN Rate: ₦1,470.62 / USD
Black-Market Rate: ₦1,485 / USD
Drivers: Improved economic outlook, stronger GDP growth, forex demand pressure, and stabilising inflows.
Top Tools: CBN.gov.ng, AbokiFX, BluFX App
The naira appreciated slightly at the official market to ₦1,470.62/$1, buoyed by positive World Bank projections and Nigeria’s 3.9% GDP growth in H1 2025. However, high forex demand pushed the parallel market rate to ₦1,485/$1 as dollar supply tightened. For real-time...