The Nigerian Naira (₦) held its ground against the United States Dollar at the official foreign exchange market on Sunday, maintaining steady figures heading into the new week.

 

Data released by the Central Bank of Nigeria (CBN) showed the official exchange rate flat at **₦1,326.5192 per $1**, mirroring the exact reference rate recorded on Saturday.

 

### Market Overview

 

* **Official CBN Rate:** ₦1,326.5192 / $1

* **Parallel Market (Black Market) Close:** ₦1,390 / $1

* **Official vs. Unofficial Margin:** ~₦63.48 spread

 

While the official market showed stability, traders at the parallel (black) market closed Friday's session around **₦1,390 to the dollar**.

 

Foreign exchange operators note that practical transactions at commercial banks, Bureau de Change (BDC) desks, and local FX markets may vary slightly from reference figures due to individual transaction margins, local demand, and liquidity conditions.

 

As the trading week resumes, market participants and investors will closely track CBN foreign exchange policy moves, dollar inflows, and market liquidity to see if the Naira can sustain its current levels.