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The naira has remained stable against the dollar at N1,379.6504 amidst global economic pressuresForeign exchange inflows reached $970 million last week, bolstering the naira’s resilienceAnalysts warn of external risks while cautiously optimistic about the naira’s short-term outlook
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Nigerian naira maintained its stability against the United States dollar at the official foreign exchange market on Monday, July 13, 2026, despite mounting global economic pressures that have strengthened the greenback and weighed on several emerging market currencies.
Latest data from the Central Bank of Nigeria (CBN) showed that the local currency closed at N1,379.6504 per US dollar, almost unchanged from its opening rate of N1,379.6201, reflecting another day of calm trading at the Nigerian Foreign Exchange Market (NFEM).
The naira maintains a strong stand against the dollar amid FX pressures. Credit: NurPhoto/ContributorSource: Getty Images
The relatively stable
