Late-Night Update: Dollar to Naira Black Market Rate Today Settles at 1,390 Buying and 1,395 Selling

The Nigerian parallel foreign exchange ecosystem recorded immediate pricing adjustments during the late-night trading window on Tuesday. According to real-time transactional updates captured across major Bureau De Change (BDC) hubs, the local currency is showing a strong resistance band against major global trading tenders, specifically the United States Dollar, British Pound, and the European Euro. … Read more

CBN Foreign Exchange Inflow Update (June 2026)

The Nigerian financial sector is currently experiencing heightened activity as the Central Bank of Nigeria (CBN) rolls out its comprehensive mid-year Foreign Exchange (FX) liquidity framework. Business owners, international trade merchants, and local bureau de change operators are closely monitoring these policy shifts to gauge the future trajectory of the Nigerian Naira against major global … Read more