Market News
Naira appreciates against dollar at official FX market - NIGERIAN TRIBUNE
The Nigerian naira appreciated against the United States (US) dollar, trading at a Nigerian Foreign Exchange Market (NFEM) rate of N1,382.6325 per dollar at the Central Bank of Nigeria (CBN) official foreign exchange window on Tuesday, 24th March, 2026.
According to the data obtained on the CBN’s official platform, the naira traded at the NFEM rate of N1,382.6325 per dollar and closed at N1,383.5 per dollar.
Comparing that with Monday’s trading rate of N1,388.3841, the Naira appreciated by at least N5.
At the parallel market, the naira-to-dollar exchange rate took a sharp twist, depreciating by N10 for both the buying and selling rate respectively. Lately, the naira-to-dollar exchange rate at the black market has kept depreciating by N10 per day.




