{"id":17481,"date":"2026-03-12T02:06:45","date_gmt":"2026-03-12T02:06:45","guid":{"rendered":"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1426-in-parallel-market\/"},"modified":"2026-03-12T02:06:45","modified_gmt":"2026-03-12T02:06:45","slug":"naira-depreciates-to-n1426-in-parallel-market","status":"publish","type":"post","link":"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1426-in-parallel-market\/","title":{"rendered":"Naira depreciates to N1,426 in parallel market"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2024\/10\/naira-1024x683.jpeg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Naira depreciates to N1,426 in parallel market\" title=\"Naira depreciates to N1,426 in parallel market\" \/><\/div><p>Naira depreciates to N1,426 in parallel market, <\/p>\n<p>By Elizabeth Adegbesan<\/p>\n<p>The\u00a0 Naira yesterday\u00a0 depreciated\u00a0 to N1,426 per dollar in the parallel market from N1,420 per dollar on Tuesday.<\/p>\n<p>But the naira appreciated to N1,373.5 per dollar in the Nigerian Foreign Exchange Market,\u00a0 NFEM .Data\u00a0 from the Central Bank of Nigeria,\u00a0 CBN, showed that the indicative exchange rate for the naira fell to N1,373.5 per dollar from N1,390.5 per dollar on Tuesday ,\u00a0 reflecting\u00a0 N17 appreciation for the naira.\u00a0<\/p>\n<p>Consequently, the margin between the parallel and official markets widened\u00a0 to N52.5 per dollar from N29.5 per dollar\u00a0 on Tuesday.<\/p>\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/03\/naira-depreciates-to-n1426-in-parallel-market\/\">Naira depreciates to N1,426 in parallel market<\/a> appeared first on <a href=\"https:\/\/www.vanguardngr.com\/\">Vanguard News<\/a>.<\/p>\n<p>, <\/p>\n<p>The\u00a0 Naira yesterday\u00a0 depreciated\u00a0 to N1,426 per dollar in the parallel market from N1,420 per dollar on Tuesday.<\/p>\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/03\/naira-depreciates-to-n1426-in-parallel-market\/\">Naira depreciates to N1,426 in parallel market<\/a> appeared first on <a href=\"https:\/\/www.vanguardngr.com\/\">Vanguard News<\/a>.<\/p>\n<p>, <!-- no image -->, olufemiajasa, {authorlink},, , Vanguard News, March 12, 2026, 2:06 am<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Naira depreciates to N1,426 in parallel market, By Elizabeth Adegbesan The\u00a0 Naira yesterday\u00a0 depreciated\u00a0 to N1,426 per dollar in the parallel market from N1,420 per dollar on Tuesday. But the naira appreciated to N1,373.5 per dollar in the Nigerian Foreign Exchange Market,\u00a0 NFEM .Data\u00a0 from the Central Bank of Nigeria,\u00a0 CBN, showed that the indicative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"fifu_image_url":"https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2024\/10\/naira-1024x683.jpeg","fifu_image_alt":"","footnotes":""},"categories":[601,8],"tags":[],"class_list":["post-17481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-news","category-news"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Naira depreciates to N1,426 in parallel market - EduNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1426-in-parallel-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira depreciates to N1,426 in parallel market - EduNews\" \/>\n<meta property=\"og:description\" content=\"Naira depreciates to N1,426 in parallel market, By Elizabeth Adegbesan The\u00a0 Naira yesterday\u00a0 depreciated\u00a0 to N1,426 per dollar in the parallel market from N1,420 per dollar on Tuesday. But the naira appreciated to N1,373.5 per dollar in the Nigerian Foreign Exchange Market,\u00a0 NFEM .Data\u00a0 from the Central Bank of Nigeria,\u00a0 CBN, showed that the indicative [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1426-in-parallel-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EduNews\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/edumarkconsult\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-12T02:06:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2024\/10\/naira-1024x683.jpeg\" \/>\n<meta name=\"author\" content=\"eduadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2024\/10\/naira-1024x683.jpeg\" \/>\n<meta name=\"twitter:creator\" content=\"@EdumarkNG\" \/>\n<meta name=\"twitter:site\" content=\"@EdumarkNG\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eduadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/\"},\"author\":{\"name\":\"eduadmin\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#\\\/schema\\\/person\\\/a5b374d36d8a925f42febcfabddf8339\"},\"headline\":\"Naira depreciates to N1,426 in parallel market\",\"datePublished\":\"2026-03-12T02:06:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/\"},\"wordCount\":156,\"publisher\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cdn.vanguardngr.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/naira-1024x683.jpeg\",\"articleSection\":[\"More News\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/\",\"url\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/\",\"name\":\"Naira depreciates to N1,426 in parallel market - EduNews\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cdn.vanguardngr.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/naira-1024x683.jpeg\",\"datePublished\":\"2026-03-12T02:06:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cdn.vanguardngr.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/naira-1024x683.jpeg\",\"contentUrl\":\"https:\\\/\\\/cdn.vanguardngr.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/naira-1024x683.jpeg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1426-in-parallel-market\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Naira depreciates to N1,426 in parallel market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/\",\"name\":\"EduNews\",\"description\":\"No1 Education &amp; 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