CBN FX Update

Mid-Week Market Analysis Dollar to Naira Black Market Rate Holds Steady at 1,390 Buying

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The Nigerian foreign exchange parallel market is witnessing high transactional activity this mid-week as commercial buyers and international trade merchants adjust to the latest global market indicators. Across dominant localized currency trading blocks—including the strategic Zone 4 open market in Wuse, Abuja, and central retail dealer networks in Lagos—the value of the Nigerian Naira (NGN) … Read more

CBN Foreign Exchange Inflow Update (June 2026)

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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