Exchange Rate
4 LAS News stories tagged “Exchange Rate”, newest first. Every story links its sources.
Naira holds steady near N1,340 as dollar demand persists in Nigerian FX market
The naira opened trading at approximately N1,339.93 against the US dollar on October 27, 2026, while parallel market rates remained higher, reflecting continued pressure from importers and domestic businesses.
LAS News Desk · 27 Oct 2026, 08:15 WAT · 1 source
Naira falls to N1,367.61 per dollar as currency extends decline
The Nigerian Naira weakened further against the US dollar on Monday, dropping to N1,367.61 at the official rate despite a recent increase in the country's external reserves.
LAS News Desk · 27 Oct 2026, 00:00 WAT · 1 source
Naira falls to N1,361.84 per dollar as external reserves total $55.16bn
The naira weakened by N27.12 to N1,361.84 per US dollar over two days, despite Nigeria’s central bank reporting $55.16bn in external reserves, according to data released on 25 October 2026.
LAS News Desk · 25 Oct 2026, 12:15 WAT · 1 source
Nigerian naira hovers around 1,330 per dollar as official rate steadies, parallel market remains higher
The official Nigerian foreign exchange rate stayed near ₦1,332 per US dollar on 20 October 2026, while the unofficial market continued to quote premiums above that level, reflecting ongoing pressure on the naira.
LAS News Desk · 20 Oct 2026, 06:46 WAT · 2 sources