Currency News Today Nigeria – The Nigerian naira traded within a stable range on Thursday, April 30, 2026, across the official and parallel foreign exchange markets.
However, demand for foreign currency remained strong, especially in the parallel market. Importers and small businesses continued to drive pressure on available supply.
Meanwhile, the official market showed relative stability due to improved liquidity and ongoing policy support.
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Currency News Today Nigeria: Exchange Rates Table – April 30, 2026
| Currency | Official Market Rate (₦) | Parallel / Black Market Rate (₦) | Mid-Market / Indicative Rate (₦) |
|---|---|---|---|
| US Dollar (USD) | ₦1,358 – ₦1,365 | ₦1,400 – ₦1,410 | ₦1,373 |
| Euro (EUR) | ₦1,540 – ₦1,560 | ₦1,610 – ₦1,650 | ₦1,608 |
| British Pound (GBP) | ₦1,810 – ₦1,835 | ₦1,885 – ₦1,930 | ₦1,889 |
| Chinese Yuan (CNY) | ₦186 – ₦190 | ₦192 – ₦198 | ₦189 |
| Japanese Yen (JPY) | ₦9.4 – ₦9.8 | ₦10.0 – ₦10.5 | ₦9.7 |
| Canadian Dollar (CAD) | ₦985 – ₦1,010 | ₦1,040 – ₦1,075 | ₦1,004 |
| Swiss Franc (CHF) | ₦1,610 – ₦1,640 | ₦1,690 – ₦1,730 | ₦1,675 |
| Saudi Riyal (SAR) | ₦362 – ₦367 | ₦373 – ₦380 | ₦366 |
| UAE Dirham (AED) | ₦369 – ₦374 | ₦380 – ₦388 | ₦374 |
Market Overview
The official exchange rate remains supported by improved forex inflows and Central Bank market interventions.
In contrast, the parallel market continues to reflect stronger retail demand and limited access to official FX supply.
As a result, the gap between both markets remains moderate but persistent.
What This Means for Nigerians
- Import costs may remain high due to parallel market pressure.
- Travelers should compare rates before purchasing foreign currency.
- Businesses should prepare for short-term rate fluctuations.
- Investors are closely watching CBN policy direction.
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