May 22, 2026
By Elizabeth Adegbesan
The Naira today appreciated to N1,376 per dollar in the parallel market, the same threshold as the official market rate, from N1,387 per dollar on Thursday.
But the naira depreciated to N1,375 per dollar in the Nigerian Foreign Exchange Market, NFEM .
Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market rose to N1,375 per dollar from N1,372.5 per dollar on Thursday, reflecting N2.5 depreciation for the naira.
















