
Naira Depreciates to N1,420 per Dollar in Parallel Market
The Nigerian naira weakened to N1,420 per US dollar in the parallel market on Monday, down from N1,406 last weekend, according to Vanguard News.
5 articles tagged with “Parallel Market”

The Nigerian naira weakened to N1,420 per US dollar in the parallel market on Monday, down from N1,406 last weekend, according to Vanguard News.

Nigeria's naira weakened to N1,425 per dollar in the parallel market due to seasonal dollar demand, even as a prior report noted a temporary appreciation to N1,400.

The Nigerian naira depreciated to N1,410 per dollar in the parallel market on Monday, driven by rising demand for the U.S. dollar, according to Business Day. The currency further weakened to N1,405 the following day, Vanguard News reported.

The Nigerian naira strengthened to N1,395 per US dollar in the parallel market on July 3, 2026, up from N1,403 the previous day, according to Vanguard News.

The Nigerian Naira strengthened to N1,390 per US dollar in the parallel market, up from N1,395 previously, reflecting marginal improvement in foreign exchange dynamics.