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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%
USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%
Business

CBN policy buffers keep Naira-Dollar mid-term outlook stable

The official interbank/NAFEM market has remained relatively stable in the aftermath of previous structural shocks and aggressive peso devaluation. The large reserve buffer is preventing the sharp downward spirals seen…

Aggregated · originally by Nairametrics
28 Sept 2026, 14:30 WAT · 3 min read
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CBN policy buffers keep Naira-Dollar mid-term outlook stable

The official interbank/NAFEM market has remained relatively stable in the aftermath of previous structural shocks and aggressive peso devaluation. The large reserve buffer is preventing the sharp downward spirals seen…

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