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Naira rises to near one-month high of N1,357.26 as liquidity improves - Businessday NG

The naira on Wednesday appreciated to a near one-month high of N1,357.26 per dollar in the official foreign exchange market as liquidity

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AI · summaries

businessday.ng19 h fa

Net FX inflows triple to $9.2bn as dollar supply surge fuels naira rally - Businessday NG

Nigeria's net FX inflows tripled to $9.22B in January 2026, strengthening the naira 2.43% and external reserves to $48.88B. Currency stabilization reduces hedging costs for tech infrastructure and outsourcing in Nigeria's growing digital market.

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vanguardngr.com1 g fa

Naira appreciates to N1,385/$ in parallel market

Naira appreciated to N1,385/$ (parallel) and N1,360.22/$ (official), narrowing the parallel-official spread from N29 to N24.78 per dollar. Currency tightening signals reduced fx volatility and improved business visibility for companies with Nigeria operations.

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Timeline cronologica

1. lunedì 1 giugno 2026·vanguardngr.com
   

   Dollar to Naira exchange rate today, June 1, 2026

   The Nigerian naira traded within a relatively stable range against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market as…

2. martedì 2 giugno 2026·businessday.ng
   

   Naira strengthens to N1,366.79 as FX interbank turnover jumps 49.58% - Businessday NG

   The naira appreciated against the dollar across the foreign exchange (FX) market segments on Monday, supported by improved liquidity…

3. martedì 2 giugno 2026·vanguardngr.com
   

   Dollar to Naira exchange rate today, June 2, 2026

   Market data trackers also showed the naira trading around the ₦1,370–₦1,372 range against the dollar in official market transactions on June 2.

4. mercoledì 3 giugno 2026·vanguardngr.com
   

   Naira appreciates to N1,385/$ in parallel market

   THE  Naira yesterday appreciated to N1,385 per dollar in the parallel market from N1,395 per dollar on Monday.

5. mercoledì 3 giugno 2026·vanguardngr.com
   

   Dollar to Naira exchange rate today, June 3, 2026

   The Nigerian naira remained relatively stable against the United States dollar on Wednesday, June 3, 2026, across both the official and parallel foreign exchange markets, as…

6. mercoledì 3 giugno 2026·businessday.ng
   

   Net FX inflows triple to $9.2bn as dollar supply surge fuels naira rally - Businessday NG

   Nigeria's foreign exchange market recorded a significant improvement in January 2026, with net foreign exchange inflows tripling to $9.22...

7. giovedì 4 giugno 2026·vanguardngr.com
   

   Naira now N1,398 /$ in parallel market

   The Naira yesterday depreciated to N1,398 per dollar in the parallel market from N1,385 per dollar on Tuesday.

8. giovedì 4 giugno 2026·businessday.ng
   

   Naira rises to near one-month high of N1,357.26 as liquidity improves - Businessday NG

   The naira on Wednesday appreciated to a near one-month high of N1,357.26 per dollar in the official foreign exchange market as liquidity

9. giovedì 4 giugno 2026·vanguardngr.com
   

   Dollar to Naira exchange rate today, June 4, 2026

   The Nigerian currency traded within a relatively stable range against the United States dollar on Thursday, June 4, 2026, as the gap between the official and parallel foreign…