dollar to naira

Key points: Official CBN (NAFEM) Rate: ₦1,450.92 / USD Black-Market Rate: ₦1,490 / USD Drivers: Increased FX liquidity; Dovish US Federal Reserve policy softening the Dollar; Sustained CBN reforms and foreign reserve accumulation. Top Tools: FMDQ for NAFEM Data, Aboki Fx The Naira holds...

Key points: Official CBN/NAFEX Rate: ₦1,448.44 / $1 Black-Market Rate: ₦1,460 / $1 Drivers: FX volatility, weak foreign inflows, policy uncertainty at the CBN, speculative trading pressure. Top Tools: AbokiFX, CBN I&E Window Feed, Parallel Market Pro Tracker The naira slipped by 0.12% at the...

Key points: Official CBN Rate: ₦1,437 / USD Black-Market Rate: ₦1,455 – ₦1,465 / USD Drivers: Limited FX supply for small cash needs, steady importer demand, and persistent liquidity pressure on the parallel market. Top Tools: Nairametrics, AbokiFX The naira weakened slightly across both...