HomeBusinessNaira holds steady against dollar amid stable Forex conditions

Naira holds steady against dollar amid stable Forex conditions

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The naira remained relatively stable against the US dollar on June 25, 2026, trading at about ₦1,372.76/$ in the official marketIn the parallel (black) market, the dollar traded at around ₦1,395/$ for buying and between ₦1,405 and ₦1,408/$ for sellingAnalysts say the naira’s future performance will depend on dollar inflows from oil exports, foreign investments, diaspora remittances, and CBN interventions

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.

The Nigerian naira remained largely stable against the United States dollar on Thursday, June 25, 2026, as traders and investors continued to assess foreign exchange liquidity and the availability of dollars in the market.

Figures from the Nigerian Foreign Exchange Market (NFEM) showed that the local currency maintained a relatively steady position at the official market, trading around ₦1,370 per dollar.

Naira Holds Firm Against Dollar as Official and Black Market Rates Narrow FurtherNaira Gains Stability as Latest Dollar Exchange Rates Surprise Currency Traders
Source: Getty Images

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