Naira Strengthens Against Dollar in Parallel Market

The Nigerian Naira has risen to N1,380 per US dollar in the parallel market. This development reflects the current exchange rate dynamics as of May 7, 2026.

7 May, 06:17 — 7 May, 06:17

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vanguard-ngMixed32m ago

Dollar to Naira exchange rate today, May 7, 2026

The Nigerian naira recorded slight gains against the United States dollar on Thursday, May 7, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market amid improved forex liquidity and sustained interventions by the Central Bank of Nigeria. The post Dollar to Naira exchange rate today, May 7, 2026 appeared first on Vanguard News.

By Henry Oduah

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Naira Strengthens Against Dollar in Parallel Market

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Dollar to Naira exchange rate today, May 7, 2026

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