Market News
Naira depreciates against dollar at official FX market - NIGERIAN TRIBUNE
…Black market (Buying and selling rates): N1,397— N1,405
The Nigerian naira depreciated against the United States (US) dollar, trading at the rate of N1,363.8250 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window on Thursday, 11th June, 2026.
The data shared on the CBN’s official platform shows that the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,363.8250 per dollar and closed at N1,365.4000 per dollar.
The currency, which traded at an NFEM rate of N1,362.0549 on Wednesday, 10th of June, 2026, has depreciated slightly by at least N1.77 when compared with Thursday’s trading rate.
At the parallel market, the naira-to-dollar buying rate appreciated by N2, while the selling rate appreciated by N5 when compared to the previous trading rate on 10th June, 2026.
