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Dollar to Naira exchange rate today, October 12, 2026

Dollar to Naira exchange rate today, October 12, 2026

The US dollar traded at approximately ₦1,332.49 at the Nigerian Foreign Exchange Market (NFEM), while the parallel market quoted the currency at about ₦1,370 for buying and ₦1,380 for selling, based on the latest available figures as of Monday, October 12, 2026.
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Nigeria in crisis due to botched economic reforms – Dele Oye

Nigeria in crisis due to botched economic reforms – Dele Oye

At the recently held 2024 Vanguard Economic Discourse, the President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Oye, was the Guest Speaker, where he attributed the current crises in Nigeria to botched economic policies of the government, such as the currency redesign, removal of fuel subsidy, and the floating of the Naira.