The naira was slightly weaker on Tuesday across Nigeria’s foreign exchange markets.
Official (NFEM/CBN) was seen hovering in the mid-₦1,400s while parallel/black-market quoted the dollar near the ₦1,490–₦1,505 range.
Key Rates:
NFEM / official market: roughly ₦1,460–₦1,466 to $1
Central Bank of Nigeria (CBN) published/reference figures remain in the high ₦1,400s band used by banks and authorised participants.
Parallel (black) market / AbokiFX reported quotes around ₦1,490 to ₦1,505 to $1, depending on city and seller.
Market data and FX trackers show the official (NFEM/CBN-linked) exchange rate traded in the mid-₦1,400s on October 14.
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TradingEconomics’ intraday feed recorded a USD/NGN print around ₦1,461.36 for the day.
On the parallel market, rates remained noticeably higher, with several crowd-sourced and market-monitoring services reporting sell quotes between ₦1,490 and ₦1,505.
