The Nigerian Naira showed little movement against the US Dollar on Thursday morning, April 30, 2026, maintaining a relatively stable position across both official and parallel markets.
At the official window, the currency traded around ₦1,375.07 per dollar, reflecting only a slight improvement from the previous session.
In the parallel (black) market, rates hovered between ₦1,380 and ₦1,390, showing minimal fluctuation and a closer gap with the official rate.
Traders say the market is currently calm, with focus on liquidity and dollar availability. Despite ongoing demand from importers and businesses, there hasn’t been any major pressure causing sharp changes.
The steady trend suggests a more balanced flow of foreign exchange for now, with expectations that the Naira may remain within this range in the short term — unless there are sudden policy changes or external shocks.
For many Nigerians, the small gap between official and street rates is also a sign that the market is gradually finding stability.
