{"id":19670,"date":"2026-07-07T02:44:36","date_gmt":"2026-07-07T02:44:36","guid":{"rendered":"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1400-in-parallel-market\/"},"modified":"2026-07-07T02:44:36","modified_gmt":"2026-07-07T02:44:36","slug":"naira-depreciates-to-n1400-in-parallel-market","status":"publish","type":"post","link":"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1400-in-parallel-market\/","title":{"rendered":"Naira depreciates to N1,400\/$ 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 N1,400\/$ in parallel market\" title=\"Naira depreciates to N1,400\/$ in parallel market\" \/><\/div><p>Naira depreciates to N1,400\/$ in parallel market, <\/p>\n<p>By Elizabeth Adegbesan<\/p>\n<p>The Naira yesterday depreciated to N1,400 per dollar in the parallel market from N1,395 per dollar last weekend.<\/p>\n<p>Likewise, the naira depreciated to N1,371 per dollar in the Nigerian Foreign Exchange Market, NFEM.<\/p>\n<p>Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market rose slightly to N1,371 per dollar from N1,370 per dollar last weekend, indicating N1 depreciation for the naira.\u00a0<\/p>\n<p>Consequently, the margin between the parallel and official markets widened to N29 per dollar from N25 per dollar last week Friday.<\/p>\n<p>The interbank turnover at NFEM fell by 23 percent to N54.2 million yesterday from N70.4 million last weekend.<\/p>\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/07\/naira-depreciates-to-n1400-in-parallel-market-2\/\">Naira depreciates to N1,400\/$ in parallel market<\/a> appeared first on <a href=\"https:\/\/www.vanguardngr.com\/\">Vanguard News<\/a>.<\/p>\n<p>, <\/p>\n<p>The Naira yesterday depreciated to N1,400 per dollar in the parallel market from N1,395 per dollar last weekend.<\/p>\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/07\/naira-depreciates-to-n1400-in-parallel-market-2\/\">Naira depreciates to N1,400\/$ 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, July 7, 2026, 2:44 am<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Naira depreciates to N1,400\/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday depreciated to N1,400 per dollar in the parallel market from N1,395 per dollar last weekend. Likewise, the naira depreciated to N1,371 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19671,"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":[1931,8],"tags":[],"class_list":["post-19670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-news-news","category-news"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Naira depreciates to N1,400\/$ 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-n1400-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 N1,400\/$ in parallel market - EduNews\" \/>\n<meta property=\"og:description\" content=\"Naira depreciates to N1,400\/$ in parallel market, By Elizabeth Adegbesan The Naira yesterday depreciated to N1,400 per dollar in the parallel market from N1,395 per dollar last weekend. Likewise, the naira depreciated to N1,371 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/edumarkng.com\/news\/naira-depreciates-to-n1400-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=\"2026-07-07T02:44:36+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-n1400-in-parallel-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/\"},\"author\":{\"name\":\"eduadmin\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#\\\/schema\\\/person\\\/a5b374d36d8a925f42febcfabddf8339\"},\"headline\":\"Naira depreciates to N1,400\\\/$ in parallel market\",\"datePublished\":\"2026-07-07T02:44:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/\"},\"wordCount\":175,\"publisher\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-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-n1400-in-parallel-market\\\/\",\"url\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/\",\"name\":\"Naira depreciates to N1,400\\\/$ in parallel market - EduNews\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cdn.vanguardngr.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/naira-1024x683.jpeg\",\"datePublished\":\"2026-07-07T02:44:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-in-parallel-market\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/naira-depreciates-to-n1400-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-n1400-in-parallel-market\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/edumarkng.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Naira depreciates to N1,400\\\/$ 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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