dollar to naira rate

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...

Official CBN Rate: ₦1,460.49 / USD Black-Market Rate: ₦1,490 / USD Drivers: Cooling FX demand, increased liquidity, CBN reforms, and easing speculative activity. Top Tools: AbokiFX, Investing.com, Nairametrics The naira appreciated to ₦1,460.49/$1 at the official market, gaining ₦2.95 as FX...

Key points: Official CBN Rate: ₦1,463.44 / USD Black-Market Rate: ₦1,490 / USD Drivers: Decline in FX inflows, easing speculative pressure, CBN reforms boosting confidence Top Tools: AbokiFX, FMDQ Exchange, Nairametrics FX Tracker The naira stayed stable at ₦1,463.44/$1 on Wednesday, October...

Key points: Official CBN Rate: N1,463.45 / USD (NAFEM) Black-Market Rate: N1,490 / USD (Parallel) Drivers: CBN reforms (curbing speculation, increasing liquidity), improved oil revenues, and a rise in offshore portfolio inflows. Top Tools: FMDQ Securities Exchange, AbokiFX, Nairametrics The...

Key points: Official CBN Rate: N1,465.29$ / USD (Appreciation of $0.29%) Black-Market Rate: N1,490.00$ / USD (Remained unchanged) Drivers: CBN injected N70 million in FX liquidity; external reserves rose by N92.5 million to N42.68 billion; improved market liquidity from local participants. Top...

Key points: Official CBN Rate: ₦1,475.35 / USD Black-Market Rate: ₦1,490 / USD Drivers: Global risk aversion, foreign investors selling local assets, and limited CBN dollar supply Top Tools: CBN FX Monitor, AbokiFX, Nairametrics FX Tracker The Naira depreciated by ₦4.32 in the official market...

Key points: Official CBN Rate: ₦1,471.03 / USD Black-Market Rate: ₦1,485 / USD Drivers: Cooling inflation, weak dollar supply, global risk aversion, and investor sell-offs amid US-China tensions. Top Tools: AbokiFX, FMDQ, ParallelMarket.io The naira appreciated slightly by 0.15% at the...

Key Points: Official CBN Rate: ₦1,473 / USD Black-Market Rate: ₦1,485 / USD Drivers: Lower CBN forex sales, strong portfolio inflows, easing inflation, rising FX reserves Top Tools: AbokiFX, CBN FX Monitor, Nairametrics FX Tracker The Naira slipped again on Wednesday, trading at ₦1,473/$1...