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Naira gains, trades at N1,372/$ at official FX market - NIGERIAN TRIBUNE

MAY 22, 2026

…Naira appreciates by at least N1 against the USD

…Black market (Buying and selling rates): N1,392 — N1,397

The Nigerian naira appreciated slightly against the United States (US) dollar, trading at N1,372.3079 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window on Thursday, 21st May 2026.

The data shared on the official platform of the CBN shows that the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,372.3079 per dollar and closed at N1,372.7500 per dollar.

Tribune Online reports that the Nigerian currency on Wednesday, 20th May, 2026, traded at an NFEM rate of N1,373.3431. Comparing this with the trading rate on Thursday, 21st  May, 2026,  the Naira appreciated by at least N1.   

At the parallel market, the naira-to-dollar buying rate increased by N2, while the selling rate remained the same compared to the previous trading rate on 20th May, 2026.

According to AbokiFX,  the Naira-to-dollar exchange rate at the black market on Thursday, 21st May, 2026, was N1,392 for the buying rate and N1,397 per dollar for the selling rate. 

MARKET NEWS

May 22 Dollar holds near six-week high; mixed messages on US-Iran deal feed uncertainty - REUTERS May 22 Naira gains, trades at N1,372/$ at official FX market - NIGERIAN TRIBUNE May 22 Nigerian currency extends appreciation - DAILY POST May 22 Nigeria’s trade surplus rises 220% to $480m - VANGUARD May 22 CBN retains rate at 26.5 %, says no FX market intervention - VANGUARD May 22 Naira depreciates to N1,387/$ in parallel market - VANGUARD May 22 Domestic Airlines May Reduce Fares as Dangote Refinery Slash Jet A1 to N1, 650 Per Li... (read more) May 21 Taxi, ride-hailing drivers brace for World Cup traffic and antsy passengers - TH... (read more) May 21 We’re not propping up naira –CBN - THE SUN May 21 Naira Steady After CBN Retains Interest Rate At 26.5% - CHANNELS TV May 21 Oil Edges Up After Plunging on Optimism Over US-Iran Agreement - BLOOMBERG May 21 Nigerian currency appreciates as CBN holds interest rate - DAILY POST May 21 CBN denies intervening in FX Market to defend Naira - THE NATION May 21 How Nigeria’s crude oil sales drove a £7.6bn trade boom with the UK - BUSINESS INSIDER May 20 Trump orders banks to take a closer look at clients' citizenship in new immigration e... (read more) May 20 Global Long Bond Yields Climb to Highest in Almost Two Decades - BLOOMBERG May 20 Gold Holds Losses as Iran Impasse Keeps Rate Hike Bets High May 20 Oil prices keep swinging, and so do stocks worldwide - ASSOCIATED PRESS May 20 Global Long Bond Yields Climb to Highest in Almost Two Decades - BLOOMBERG May 20 FGN bond subscriptions drop 45% despite higher yields - PUNCH May 20 Access Bank FX liquidity to service $1bn debt – Fitch - PUNCH May 20 Fiscal, FX reforms push Nigeria’s credit rating higher - PUNCH May 20 SEC fixes June 1 for T+1 settlement cycle transition - PUNCH May 20 Nigerian currency extends depreciation ahead of CBN’s interest decision - DAILY POST May 20 Naira rises to N1,385/$ in parallel market - VANGUARD May 20 FAAC to release N84bn to Ebonyi for infrastructure - THE SUN May 20 Naira trades at N1,373.7/$ at official FX market - NIGERIAN TRIBUNE May 20 Dangote Refinery cuts aviation fuel price to N1,650 per litre - THE GUARDIAN May 19 Dollar edges up as investors weigh Iran peace hopes against Fed rate outlook - REUTERS May 19 Gold Retreats as Market Monitors Progress on Iran War Ceasefire - BLOOMBERG

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