Official Exchange Rate

Naira Records Mixed Performance: Gains at CBN Official Market as Parallel Window Shifts

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The Nigerian foreign exchange market demonstrated contrasting movements on Tuesday, June 9, 2026, as the local currency secured a positive footing at the institutional level while experiencing slight pressure across the retail trading networks. According to official transaction metrics, the Naira appreciates at official window managed by the Central Bank of Nigeria (CBN). Data confirms … Read more

CBN Introduces New Forex Stabilization Measures to Boost Dollar Liquidity in Banking Sector

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The Central Bank of Nigeria (CBN) has announced a series of strategic adjustments to its foreign exchange operational guidelines, aimed at accelerating the injection of foreign currency into the domestic banking network. This regulatory intervention is designed to address seasonal settlement pressures and improve general accessibility for legitimate business transactions. Under the updated framework, commercial … Read more