{"id":276,"date":"2026-05-18T19:15:31","date_gmt":"2026-05-18T16:15:31","guid":{"rendered":"https:\/\/zalebs.com\/news\/naira-slides-slightly-as-official-dollar-rate-holds-steady-in-nigeria\/"},"modified":"2026-05-18T19:15:31","modified_gmt":"2026-05-18T16:15:31","slug":"naira-slides-slightly-as-official-dollar-rate-holds-steady-in-nigeria","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/naira-slides-slightly-as-official-dollar-rate-holds-steady-in-nigeria\/","title":{"rendered":"Naira Slides Slightly as Official Dollar Rate Holds Steady in Nigeria"},"content":{"rendered":"

The Nigerian naira slid slightly versus the US dollar at the official foreign-exchange market on Tuesday, according to central bank figures, while the parallel-market rate held steady. The move underscores the tight conditions facing Nigeria\u2019s FX market as traders weigh day-to-day currency demand against the country\u2019s reserve position.<\/p>\n

Naira FX rates and reserves update<\/h2>\n
    \n
  1. At Nigeria\u2019s official foreign exchange window, the naira weakened to \u20a61,366.56<\/span> per dollar on Tuesday, down from \u20a61,365.25<\/span> exchanged on Monday.<\/li>\n
  2. That official-market change equated to a \u20a61.3<\/span> decline on a day-to-day basis against the dollar.<\/li>\n
  3. On the black market, the naira rate was reported unchanged at \u20a61,395<\/span> per dollar on Tuesday, matching the level seen on the previous day.<\/li>\n
  4. In terms of external buffers, central bank data showed Nigeria\u2019s external reserves were at $48.36 billion<\/span> as of April 30, 2026.<\/li>\n
  5. Looking back at the start of the week, the naira had opened Monday with a modest improvement of more than \u20a69<\/span> versus the dollar.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    The Nigerian naira slid slightly versus the US dollar at the official foreign-exchange market on Tuesday, according to central bank figures, while the parallel-market rate held steady. The move underscores the tight conditions facing Nigeria\u2019s FX market as traders weigh day-to-day currency demand against the country\u2019s reserve position. Naira FX rates and reserves update At […]<\/p>\n","protected":false},"author":2,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Naira Exchange Rate Update: Official Dollar Rate Steady","_yoast_wpseo_metadesc":"Naira eases at Nigeria\u2019s official FX window as the central bank rate stays steady, highlighting tight liquidity and traders\u2019 cauti","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-276","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"\nNaira Exchange Rate Update: Official Dollar Rate Steady<\/title>\n<meta name=\"description\" content=\"Naira eases at Nigeria\u2019s official FX window as the central bank rate stays steady, highlighting tight liquidity and traders\u2019 cauti\" 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