English>
Your daily Naira exchange rate

Market News

Naira Slips 0.7% Despite 249% Weekly FX Turnover Increase - LEADERSHIP

MAY 19, 2026

The naira ended the week weaker in Nigeria’s official foreign exchange market despite a significant rise in market liquidity and continued growth in the country’s external reserves.

Central Bank of Nigeria (CBN) data show the naira depreciated by N9.65 week  on week, with the dollar quoted at N1,371.04 on Friday versus N1,361.39 the previous Friday, a weekly loss of about 0.70 percent.


MARKET NEWS

May 19 Dollar edges up as investors weigh Iran peace hopes against Fed rate outlook - REUTERS May 19 Gold Retreats as Market Monitors Progress on Iran War Ceasefire - BLOOMBERG May 19 EU Races to Finalize US Trade Deal to Avoid More Trump Tariffs - BLOOMBERG May 19 Korean Stocks Drop 5% as Chip Slump Fuels Overheating Concerns - BLOOMBERG May 19 Gold Inches Up as Traders Weigh Iran Deal Prospects, Inflation - BLOOMBERG May 19 Oil Declines After Trump Says He Called Off Strike on Iran - BLOOMBERG May 19 Global Inflation Weighs on G-7 as Higher Bond Yields Persist - BLOOMBERG May 19 Economic Outlook at Risk of Further Deterioration, OECD Says - BLOOMBERG May 19 Naira loses marginally to settle at N1,371/$ - May 19 Analysts see CBN maintaining current monetary tightening stance - May 19 US-Iran crisis: Nigerian crude nears $120 - PUNCH May 19 When FX Blew Up Nigeria’s Debt Numbers - THISDAY May 19 Food inflation spikes above 20% in 11 states - PUNCH May 19 What S&P credit rating upgrades mean for Nigeria - THE GUARDIAN May 19 Nigeria still faces high debt risks despite fiscal gains – NESG - DAILY TRUST May 19 Economists worry fresh inflation fears may alter CBN’s policy plan - THE GUARDIAN May 19 No going back on shea nuts ban, says FG - NAN May 19 N10.8trn Vehicle Imports Bleed Economy, Threaten Naira - NEW TELEGRAPH May 19 Naira Slips 0.7% Despite 249% Weekly FX Turnover Increase - LEADERSHIP May 19 Africa’s Top 250 Companies 2026: Miners lead strong recovery - AFRICAN BUSINESS May 19 South Africa’s central bank appoints Makrelov as new chief economist and MPC member - REUTERS May 19 Offshore investors sell South African stocks, buy bonds May 19 Nigeria is not in a debt crisis, but should rethink borrowing, say experts - NIGERIAN TRIBUNE May 19 Market analysts attributed the latest fluctuation to sustained demand for foreign exc... (read more) May 19 FX Pressure Pushes Naira Lower to N1,373/$1 at Official Market - BUSINESS POST May 19 Nigerian currency continues depreciation - DAILY POST May 19 Nigerian currency continues depreciation - DAILY POST May 19 Naira depreciates to N1,395/$ in parallel market - VANGUARD May 19 Import Surge, Weak Tariff Erode Domestic Pricing Power - THE INDEPENDENT May 19 CBN under pressure as MPC meets amid calls for rate ease - BUSINESS.A.M

SEE HOW MUCH YOU GET IF YOU SELL

NGN
Subscribe to abokiFX to see rates.
  • Unlimited access to abokifx.com
  • Access via our mobile apps
  • Market data and analytics
  • The Week Ahead, our subscriber-only newsletter
Weekly
£1 per week
Charged £1 in advance every week.
Premium
£25 per year
Charged £25 in advance every year.
API
£100 per year
Charged £100 in advance annually.
Subscribe now
You are able to cancel at any time. Payment terms and conditions apply.
© 2026 abokiFX | All Rights Reserved
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics