…July 2, 2026, across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as the gap between both segments remained narrow. According to live foreign exchange data, the official NFEM exchange rate stood at approximately ₦1,374.18 per US dollar on Thursday morning. The rate reflects transactions…

…screening in 2023. 5. The Naira on Wednesday appreciated to N1,385 per dollar in the parallel market from N1,390 per dollar on Tuesday. Similarly, the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM. 6. The Federal Government's reduction in vehicle import levies has officially taken…

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,385 per dollar in the parallel market from N1,390 per dollar on Tuesday. Similarly, the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM . Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate…