News Update

THE Nigeria naira traded in the mid – N1,400s on official Nigerian Foreign Exchange Market (NFEM) platforms on Friday while the parallel (black) market continued to price the dollar notably higher, around N1,480–N1,500 to the dollar, keeping the premium between official and street windows near N25–N40.

Central Bank / interbank listings (recent reference levels): N1,464–N1,475 per $1. (Historic daily CBN/exchange tables show mid-N1,400s levels through mid-October).

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Parallel/black market (Aboki / Abokifx / crowd-sourced trackers): ₦1,480–₦1,500 per $1.

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