Dollar To Naira Exchange Rate Today, May 29th, 2026

• Dollar To Naira Exchange Rate Today, May 29th, 2026
• Official CBN exchange rate ranged between ₦1,374 and ₦1,376.
• Naira continues facing pressure amid rising forex demand nationwide.

The Nigerian Naira maintained a slight gap against the United States Dollar across both the black market and official foreign exchange market on Thursday, May 29, 2026.

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EKO HOT BLOG reports that at the parallel market, also known as the black market, the dollar traded at ₦1,393 selling rate and ₦1,385 buying rate.

Meanwhile, data from the official market showed that the Central Bank of Nigeria, CBN, exchange rate ranged between ₦1,374 and ₦1,376.

Currency traders attributed the slight fluctuation in rates to ongoing demand pressure for foreign exchange, despite recent efforts by monetary authorities to stabilise the market.

Dollar To Naira Black Market Rate Today

Dollar To Naira CBN Official Rate Today

Financial analysts say the gap between the official and parallel market rates remains a key concern for businesses and importers relying on foreign exchange for transactions.

The Naira has continued to face pressure from rising demand for dollars, import dependency and broader economic uncertainties affecting the foreign exchange market.

Meanwhile, economic observers have urged the government and the Central Bank of Nigeria to sustain policies aimed at improving dollar liquidity and boosting investor confidence.

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