Naira Exchange Rates Today, Monday August 31

Today, the Naira Black Market exchange rate for 1 Euro (EUR) is 1590 Naira.

Published

2 months ago

August 31, 2026

OCHEFA

346 Views

BLACK MARKET

US Dollar: 1 US Dollar is 1390 Naira

Great British Pound: 1 Great British Pound (GBP) is 1895 Naira

EURO:1 Euro (EUR) is 1590 Naira.

Canadian Dollar: 1 Canadian Dollar (CAD) is 1020 Naira.

Chinese Yuan: 1 Chinese Yuan is 190 Naira.

Ghana Cedi: 1 Ghanaian Cedi is 95 Naira.

South African Rand (ZAR): 1 South African Currency, Rand (ZAR) is 75 Naira.

UAE Dirham (AED): 1 UAE Dirham is 350 Naira.

West African CFA franc: 1 CFA Franc (XOF) is 2300 Naira.

Central African CFA franc (XAF) : 1 CFA Franc (XAF) is 2150 Naira.

Australian Dollar (AUD) : 1 Australian Dollar (AUD) is 800 Naira.

CBN EXCHANGE RATES

DOLLAR (USD) ₦1337.29

POUND (GBP) ₦1816.04

EURO (EUR) ₦1556.87

SWISS FRANC (CHF) ₦1662.05

JAPANESE YEN (JPN) ₦8.38

CFA FRANC (XOF) ₦2.38

WEST AFRICAN UNIT OF ACCOUNT (WAUA) ₦1834.42

CHINESE YUAN (CNY) ₦198.97

SAUDI RIYAL (SAR) ₦356.17

SOUTH AFRICAN RAND (ZAR) ₦83.43

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Naira Exchange Rates Thursday, 5 Nov 2026

Published

1 day ago

November 5, 2026

OCHEFA

108 Views

BLACK/ PARALLEL MARKET RATES

₦1400DOLLAR (USD)

₦1830POUND (GBP)

₦1515 EURO (EUR)

₦950 CANADIAN DOLLAR (CAD)

₦70 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED

₦190 Chinese YUAN (CNY)

₦100 Ghanaian CEDI (GHS)

West African CFA ₦2240 (XOF)

Central African CFA ₦2180 (XAF)

₦820 Australian Dollar AUSSIE (AUD)

NNPCL wants to sell 10% equity via IPO on NGX, LSE

NNPC is expected to spend at least the whole of 2027 preparing for the proposed offering, with the listing primarily intended to strengthen corporate transparency and governance in line with Nigerian law.

Published

2 days ago

November 4, 2026

OCHEFA

138 Views

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its equity through a potential initial public offering (IPO), with the proposed listing expected to focus primarily on Nigeria’s domestic capital market.

The Group Chief Executive Officer of NNPC Ltd., Bashir Bayo Ojulari, disclosed this in an interview with Reuters on Tuesday, November 3, 2026, adding that the company could also pursue a secondary listing in London or New York.

The disclosure comes shortly after the Dangote Petroleum Refinery’s IPO closed on October 27, following a two-week extension of its subscription period from the initial October 13 deadline.

Ojulari indicated that raising additional capital would be a secondary consideration rather than the main reason for going public.

The company is also considering listing some of its subsidiaries separately, following a model adopted by Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates’ state-owned oil company.

Beyond the potential IPO, Ojulari disclosed that Chinese companies have expressed interest in acquiring equity stakes in some of NNPC’s smaller refineries, particularly the Port Harcourt and Warri facilities, which require substantial rehabilitation.