The Nigerian Naira is trading at approximately ₦1,361 to $1 USD on the official foreign exchange window today, while fresh economic indicators from the National Bureau of Statistics (NBS) reveal a marginal drop in headline inflation to 15.91% for June 2026.
​According to official figures released by the Statistician-General of the Federation at the NBS headquarters in Abuja, the latest macroeconomic metrics demonstrate relative stability across major sectors.
Headline Inflation Decelerated to 15.91% year-on-year in June 2026, down slightly from 15.93% recorded in May. Food Inflation Stood at 17.52%, driven primarily by energy costs impacting domestic distribution of agricultural goods.
Nigeria’s economy expanded by 3.89% year-on-year in the first quarter of 2026 (up from 3.13% in Q1 2025), sustained by key improvements in agriculture, non-oil output, and services.
The Naira exchanged at ~₦1,361 per US Dollar on August 3, continuing a period of relative consolidation following central bank liquidity measures.
​”While headline inflation shows signs of cooling due to non-food price moderation, food supply constraints remain the primary driver of persistent pressure on household budgets.” according to the National Bureau of Statistics Report.
​Financial analysts in Lagos note that while single-digit inflation remains distant, the combination of sub-16% headline price growth and steady real GDP growth (3.89%) signals gradual macroeconomic stabilization entering the second half of 2026.
