Dollar to Naira exchange rate today, April 28, 2026 - Vanguard News

Author: Henry OduahPublished on: April 28, 2026Country: Nigeria

Business & Economy

Dollar to Naira exchange rate today, April 28, 2026 - Vanguard News

The Nigerian Naira maintained a steady yet cautious position against the US Dollar, trading at approximately 1,360.19 NGN per 1 USD in the official market. The parallel market is quoting rates between 1,480 NGN and 1,495 NGN, reflecting strong immediate demand. Today's fluctuations are influenced by macroeconomic factors, including global oil prices and internal market liquidity. Market participants expect the rate to remain within this range unless there is significant intervention.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Morocco Allocates $5.36 Billion to Support Purchasing Power

PoliticsBusiness & EconomyMorocco

Hanane Afeznaoui•24m ago

Morocco Allocates $5.36 Billion to Support Purchasing Power

Morocco's Minister of Economic Inclusion, Younes Sekkouri, announced the allocation of MAD 49.7 billion ($5.36 billion) by the end of 2026 to support purchasing power and reduce social disparities. This initiative includes an increase in the guaranteed minimum interprofessional wage from MAD 14.81 to MAD 17.90 per hour, and a rise in the agricultural minimum wage from less than MAD 1,900 to MAD 2,400. Sekkouri emphasized the importance of social dialogue in building trust between institutions and social partners.

When will Strait of Hormuz be ‘safe’ for commercial shipping again?

PoliticsBusiness & EconomyIran

Yashraj Sharma•26m ago

When will Strait of Hormuz be ‘safe’ for commercial shipping again?

Since the start of the US-Israel war on Iran, the Strait of Hormuz has become a chokepoint for the global economy, with about 2,000 ships stranded in the Gulf. Even if the strait reopens, obstacles will remain, including mines believed to have been laid by Iran, leading maritime insurers to cancel 'war risk' insurance. Insurance premiums could rise from 0.25% to 5% of hull value due to ongoing risks.

How the US-Israeli war is collapsing the sanctions regime on Iran

PoliticsBusiness & EconomyIran

Ali A Ghareh Daghi•26m ago

How the US-Israeli war is collapsing the sanctions regime on Iran

US sanctions have failed to topple the Iranian government and instead harmed its citizens. The US-Israel war on Iran has further highlighted the ineffectiveness of these sanctions, prompting regional and global actors to explore alternatives like de-dollarisation and cryptocurrency use. In 2025, cryptocurrency flows to sanctioned entities surged by 694%, reaching a record value of $154 billion.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more