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Naira Falls to N1,420 Against Dollar in Parallel Market

The Nigerian Naira has depreciated significantly against the US dollar, reaching an exchange rate of N1,420 in the parallel market as of August 5, 2026.

5 Aug, 06:21 — 5 Aug, 06:21
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vanguard-ngMixed20d ago

Dollar to Naira exchange rate today, August 5, 2026

The naira traded around ₦1,362.55 per dollar at the Nigerian Foreign Exchange Market (NFEM) as the official market remained relatively stable at the start of the new trading day. The post Dollar to Naira exchange rate today, August 5, 2026 appeared first on Vanguard News.

By Henry Oduah

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