Nigerian Naira: everything we know so far

Dollar to Naira exchange rate today, April 30, 2026: Nigerian currency sustains appreciation ahead of holiday The Naira sustained appreciation against the. Nigerian Naira has emerged this Friday as one of the stories drawing attention in Nigeria.

Key facts

• Dollar to Naira exchange rate today, April 30, 2026: Nigerian currency sustains appreciation ahead of holiday The Naira sustained appreciation against the.
• The naira strengthened slightly against the dollar in the official foreign exchange (FX) market on Thursday, despite zero turnover and no recorded deals at the Nigerian Foreign Exchange Market (NFEM).
• The Nigerian Naira opened the new month with slight fluctuations against the US Dollar across both the official and informal currency markets.
• In the Nigerian Foreign Exchange Market, the Naira started the day trading at approximately 1,374.69 per Dollar.
• Data published by the Central Bank of Nigeria (CBN) showed that the naira appreciated by N4.52, with the dollar quoted at N1,374.94 on Thursday, representing a 0.33 per cent gain compared with N1,379.46 recorded on Wednesday at the NFEM.

What we know

Going deeper, the naira strengthened slightly against the dollar in the official foreign exchange (FX) market on Thursday, despite zero turnover and no recorded deals at the Nigerian Foreign Exchange Market (NFEM).

On the substance, the Nigerian Naira opened the new month with slight fluctuations against the US Dollar across both the official and informal currency markets.

Beyond the headlines, In the Nigerian Foreign Exchange Market, the Naira started the day trading at approximately 1,374.69 per Dollar.

More precisely, Data published by the Central Bank of Nigeria (CBN) showed that the naira appreciated by N4.52, with the dollar quoted at N1,374.94 on Thursday, representing a 0.33 per cent gain compared with N1,379.46 recorded on Wednesday at the NFEM.

It is worth noting that Nigeria’s external reserves, which provide the Central Bank with a buffer to support the naira, continued their downward trend, declining to $48.36 billion as of 29 April 2026, according to data from the apex bank.

By the numbers

At this stage, Naira records marginal gain as FX liquidity hits $10bn in April.

On a related note, Soaring costs push Nigerians to pre-owned market as demand jumps 97%.

Going deeper, as of the early hours of Friday, May 1, 2026, data from the Nigerian Foreign Exchange Market (NFEM) and various parallel market points in Lagos and Abuja indicate a continued effort by the local currency to find a stable floor.

On the substance, the Naira sustained appreciation against the dollar at the foreign exchange market on Thursday ahead of the May 1st holiday.

The wider context

On a related note, this means that on a day-to-day basis, the Naira appreciated significantly by N4.5 against the dollar at the official foreign exchange market.

Going deeper, Meanwhile at the black market, the Naira remained flat at N1,395 per dollar on Thursday, the same exchange rate recorded the previous day.

On the substance, Recall that the Nigerian government declared Monday, May 1st, a public holiday to mark this year’s Workers’ Day.

Beyond the headlines, Read Also: Naira ends week-long loss streak as liquidity improves.

More precisely, Analysts note that the naira’s appreciation under such thin trading conditions may not reflect underlying market strength, but rather the impact of limited transactions influencing pricing in an illiquid environment.

The bottom line

• The naira strengthened slightly against the dollar in the official foreign exchange (FX) market on Thursday, despite zero turnover and no recorded deals at the Nigerian Foreign Exchange Market (NFEM).
• The Nigerian Naira opened the new month with slight fluctuations against the US Dollar across both the official and informal currency markets.
• As of the early hours of Friday, May 1, 2026, data from the Nigerian Foreign Exchange Market (NFEM) and various parallel market points in Lagos and Abuja indicate a continued effort by the local currency to find a stable floor.
• Searches spiking right now: Dollar to Naira exchange rate today, April 30, 2026, Even ₦1m Minimum Wage Will Mean Nothing Without Fixing Naira Value – Osifo, Naira gains N4.52 against dollar at official window, Dollar to Naira exchange rate today, April 22, 2026.