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Naira-Dollar Exchange Rate Stable in Official Market, Premium in Parallel

The Nigerian Naira remained relatively stable against the US dollar in the official Nigerian Foreign Exchange Market on July 16, 2026, while the parallel market continued to quote the greenback at a premium.

16 Jul, 06:06 — 16 Jul, 06:06
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vanguard-ngMixed27d ago

Dollar to Naira exchange rate today, July 16, 2026

The naira traded relatively stable against the United States dollar in the official Nigerian Foreign Exchange Market (NFEM) on Thursday, July 16, 2026, while the parallel market continued to quote the greenback at a premium over the official rate. The post Dollar to Naira exchange rate today, July 16, 2026 appeared first on Vanguard News.

By Henry Oduah

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