dollar to naira rate

Key points: Official CBN Rate: N1,456.72 / USD Black-Market Rate: N1,465 / USD Drivers: Minimal FX interventions by the Central Bank, strong offshore inflows, Eurobond issuance, structural supply-demand imbalances, and global dollar movements Top Tools: NAFEM Live, GTBank FX Portal, AbokiFX...

Official CBN (NFEM) Rate: ₦1,450 / $1 Black-Market Rate: ₦1,460–₦1,474 / $1 Drivers: Limited FX inflows, high importer demand, retail FX pressure, and lingering confidence issues despite recent CBN interventions. Top Tools: CBN NFEM Portal, FX Market Tracker, Lagos Parallel Market Monitor The...

Key points: Official CBN Rate: ₦1,454.18 / USD Black-Market Rate: ₦1,465 / USD Drivers: Tight forex liquidity, high demand for dollars, minimal CBN interventions, rising FX inflows from foreign investors Top Tools: FMDQ, GTBank FX, AbokiFX The Naira slipped against the US Dollar on Wednesday...

Key points: Official CBN Rate: ₦1,447.43 / USD Black-Market Rate: ₦1,465 / USD Drivers: Strengthening foreign reserves, slight interbank gains, stable inflation expectations Top Tools: CBN NFEM Window, FMDQ I&E, Abokif Your Daily Rate Fix The Naira recorded its first day of appreciation...

Key points: Official CBN Rate: ₦1,444 / USD Black-Market Rate: ₦1,463 / USD Drivers: Persistent FX demand pressure, reduced liquidity, speculative activities, despite rising reserves Top Tools: Nairametrics FX Tracker, CBN Official Portal, AbokiFX The Naira ended the week weaker at ₦1,444/$...

Key points: Official CBN Rate: ₦1,443.08 / USD Black-Market Rate: ₦1,465 / USD Drivers: Bearish trend despite rising FX reserves, low liquidity, and import pressure Top Tools: AbokiFX, Naira Rates, CBN Forex Monitor The naira recorded its steepest daily drop this week, falling ₦4.37 at the...

Key Points Official CBN Rate: ₦1,436.58 / USD Black-Market Rate: ₦1,445–₦1,469 / USD (some trades near ₦1,515) Drivers: Weak FX inflows, strong importer demand, and widening parallel market premium Top Tools: CBN FX Dashboard, AbokiFX, FXRatesNG The naira traded slightly weaker on Tuesday...

Key points: Official CBN Rate: ₦1,436.58 / USD Black-Market Rate: ₦1,450 / USD Drivers: Continued CBN FX intervention, rising external reserves ($43.324bn), strong Eurobond oversubscription (477%), and stable oil prices. Top Tools: AbokiFX, NAFEX Official, CBN Rate Tracker The naira...

Key Points: Official CBN Rate: ₦1,436.74 / USD Black-Market Rate: ₦1,450 / USD Drivers: Strong Eurobond demand, rising reserves, CBN FX interventions, investor confidence, and easing inflation. Top Tools: CBN FX Monitor, AbokiFX, RateX Africa The Naira gained 0.12% at the official market...

Key points: Official CBN Rate: ₦1,438.49 / $1 Black-Market Rate: ₦1,450 / $1 Drivers: Year-end FX demand surge, tightening liquidity, and steady growth in Nigeria’s $43.27bn external reserves. Top Tools: AbokiFX, FMDQ Exchange, NairaRates.io The Naira slipped by 0.25% at NAFEM, closing at...

Key Points: Official CBN Rate: ₦1,434.85 / $1 Black-Market Rate: ₦1,450 / $1 Drivers: Fading U.S. military threat rhetoric, stable external reserves, rising FX inflows from exporters and corporates. Top Tools: abokiFX, CBN FX Dashboard, NairaRatesLive The naira held firm on Tuesday...

Key Points: Official CBN Rate: ₦1,436.34 / USD Black-Market Rate: ₦1,440 / USD Drivers: Investor caution after Trump’s military threat, steady informal FX supply, and mild remittance slowdown. Top Tools: AbokiFX, CBN FX Monitor, NairaRates.io Despite Donald Trump’s military threats, the naira...

Key points: Official CBN Rate: ₦1,421.73 / USD Black-Market Rate: ₦1,450 / USD Drivers: Rising forex inflows, stronger external reserves, Dangote refinery output, and renewed investor confidence. Top Tools: CBN FX Dashboard, AbokiFX, Investing.com The naira hit its strongest level of 2025...

Key Points: Official CBN Rate: ₦1,421 / $1 Black-Market Rate: ₦1,440 / $1 Drivers: Increased forex supply, CBN interventions, and market liquidity improvements Top Tools: AbokiFX, CBN FX Monitor, NairaRates.ng The naira appreciated across both official and black-market segments on Friday...

Key Points: Official CBN Rate: ₦1,436 / $1 Black-Market Rate: ₦1,460 / $1 Drivers: CBN liquidity injections, higher oil revenue, diaspora inflows, reduced speculation, new 15% import levy on fuel Top Tools: AbokiFX, NAFEM Tracker, CBN Rate Portal The naira firmed at both official and parallel...

Key points: Official (NAFEM) Rate: ₦1,444.35 / USD GTBank Rate: ₦1,454 / USD Black-Market Rate: ₦1,465 / USD Drivers: Removal from the FATF grey list, higher oil revenues, rising forex inflows, and reduced speculative trading. Top Tools: AbokiFX, FMDQ Exchange, FX Monitor The naira gained...

Key Points: Official CBN Rate: ₦1,448 / $1 Black-Market Rate: ₦1,475 / $1 Drivers: Improved FX inflows from foreign portfolio investors, CBN interventions, exporters’ supply, and easing FX pressure due to ongoing economic reforms. Top Tools: CBN FX Monitor, AbokiFX, Investing.com The Naira...

Key Points: Official CBN Rate: ₦1,453.07 / $1 Black-Market Rate: ₦1,490 / $1 Drivers: FX liquidity optimism, Nigeria’s removal from the FATF grey list, stronger oil receipts, and rising foreign reserves. Top Tools: CBN FX Dashboard, AbokiFX, NAFEM Live Rates The Naira strengthened to...

Key points: Official CBN Rate: ₦1,458.8 / USD Black-Market Rate: ₦1,495 - ₦1,515 / USD Drivers: FX supply constraints, seasonal import demand, and CBN liquidity operations. Top Tools: FMDQ FX Market Rate, Nairametrics FX Tracker, AbokiFX The Naira held near ₦1,459 on official windows, while...

Key Points: Official CBN Rate: ₦1,457 / USD Black-Market Rate: ₦1,485 / USD Drivers: Naira gains momentum as FX pressure eases, reforms boost investor confidence, and Nigeria’s removal from the FATF grey list lifts market sentiment. Top Tools: AbokiFX, CBN FX Monitor, Nairametrics The Naira...