ABUJA — June 18, 2026 — The naira weakened further on Wednesday as pressure on the currency continues.
Parallel market: ₦1,405 per dollar
Official NFEM rate: ₦1,361.5 per dollar
That’s a ₦43.5 gap between the official rate and what traders are getting on the street.
The latest slide adds to concerns over rising costs for imports, fuel, and food as the naira struggles against the dollar.
