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Good day to you. Daily quote: Our Father, who art in heaven, hallowed be thy name; thy kingdom come; thy will be done; on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation; but deliver us from the evil one. For thine is the kingdom, the power and the glory, for ever and ever. Amen.Matthew 6:9-13 Matthew 6:1-34 6 “Take care not to practice your righteousness in front of men to be noticed by them; otherwise you will have no reward with your Father who is in the heavens. 2  So when you make gifts of mercy, do not blow a trumpet ahead of you, as the hypocrites do in the synagogues and in the streets, so that they may be glorified by men. Truly I say to you, they have their reward in full. 3  But you, when making gifts of mercy, do not let your left hand know what your right hand is doing, 4  so that your gifts of mercy may be in secret. Then your Father who looks on in secret will repay you. 5  “Also, when you pray, do not act like the hypocrites, for they like to pray standing in the synagogues and on the corners of the main streets to be seen by men. Truly I say to you, they have their reward in full. 6  But when you pray, go into your private room and, after shutting your door, pray to your Father who is in secret. Then your Father who looks on in secret will repay you. 7  When praying, do not say the same things over and over again as the people of the nations do, for they imagine they will get a hearing for their use of many words. 8  So do not be like them, for your Father knows what you need even before you ask him. 9  “You must pray, then, this way: “‘Our Father in the heavens, let your name be sanctified. 10  Let your Kingdom come. Let your will take place, as in heaven, also on earth. 11  Give us today our bread for this day; 12  and forgive us our debts, as we also have forgiven our debtors. 13  And do not bring us into temptation, but deliver us from the wicked one.’ 14  “For if you forgive men their trespasses, your heavenly Father will also forgive you; 15  whereas if you do not forgive men their trespasses, neither will your Father forgive your trespasses.t 16  “When you fast, stop becoming sad-faced like the hypocrites, for they disfigure their faces so they may appear to men to be fasting. Truly I say to you, they have their reward in full. 17  But you, when fasting, put oil on your head and wash your face, 18  so that you may not appear to be fasting to men but only to your Father who is in secret. Then your Father who looks on in secret will repay you. 19  “Stop storing up for yourselves treasures on the earth, where moth and rust consume and where thieves break in and steal. 20  Rather, store up for yourselves treasures in heaven, where neither moth nor rust consumes, and where thieves do not break in and steal. 21  For where your treasure is, there your heart will be also. 22  “The lamp of the body is the eye. If, then, your eye is focused, your whole body will be bright. 23  But if your eye is envious, your whole body will be dark. If the light that is in you is really darkness, how great that darkness is! 24  “No one can slave for two masters; for either he will hate the one and love the other, or he will stick to the one and despise the other. You cannot slave for God and for Riches. 25  “On this account I say to you: Stop being anxious about your lives as to what you will eat or what you will drink, or about your bodies as to what you will wear. Does not life mean more than food and the body than clothing? 26  Observe intently the birds of heaven; they do not sow seed or reap or gather into storehouses, yet your heavenly Father feeds them. Are you not worth more than they are? 27  Who of you by being anxious can add one cubit to his life span? 28  Also, why are you anxious about clothing? Take a lesson from the lilies of the field, how they grow; they do not toil, nor do they spin; 29  but I tell you that not even Solʹo•mon in all his glory was arrayed as one of these. 30  Now if this is how God clothes the vegetation of the field that is here today and tomorrow is thrown into the oven, will he not much rather clothe you, you with little faith? 31  So never be anxious and say, ‘What are we to eat?’ or, ‘What are we to drink?’ or, ‘What are we to wear?’ 32  For all these are the things the nations are eagerly pursuing. Your heavenly Father knows that you need all these things. 33  “Keep on, then, seeking first the Kingdom and his righteousness, and all these other things will be added to you. 34  So never be anxious about the next day, for the next day will have its own anxieties. Each day has enough of its own troubles. … Stay safe and connected for more Bible Verses.

Complete Information: Naira Remains Relatively Stable Against the Dollar as Exchange Rate Holds Around ₦1,362/$

Naira Remains Relatively Stable Against the Dollar as Exchange Rate Holds Around ₦1,362/$

Posted on 10th August, 2026.

The Nigerian naira opened the new trading week relatively stable against the United States dollar, with the currency maintaining a narrow trading range in both the official and parallel foreign exchange markets.

As of Monday, August 10, 2026, the naira was trading at about ₦1,362.55 to the US dollar in the official Nigerian Foreign Exchange Market (NFEM). In the parallel market, the dollar was quoted at approximately ₦1,410 for buying and ₦1,425 for selling.

Naira Holds Steady in Official Market

The latest figures indicate that the naira has continued to show short-term stability after trading around the ₦1,360–₦1,364 range in recent sessions.

According to market reports citing data from the Central Bank of Nigeria's exchange-rate portal, the ₦1,362.55/$ NFEM rate remains the benchmark for transactions conducted through authorised dealers in the formal foreign exchange market.

The relatively narrow movement has provided some stability for businesses and individuals who need to plan transactions involving foreign currencies.

Dollar Trades Around ₦1,425 in Parallel Market

The parallel market has also recorded relatively limited movement.

On Monday, August 10, dollar dealers were reported to be buying the currency at approximately ₦1,415 and selling at around ₦1,425. The rates were described as largely unchanged from recent trading sessions.

Based on the official rate of ₦1,362.55 and the parallel-market selling rate of ₦1,425, the difference between the two rates was approximately ₦62 per dollar.

What Is Supporting the Naira's Stability?

Several factors are being closely watched by participants in Nigeria's foreign exchange market.

One important factor is the availability of foreign exchange liquidity. Recent reports indicate that continued foreign-exchange supply and interventions are helping to ease some demand pressures in the market.

Other factors that can influence the naira include:

Foreign exchange liquidity
Crude oil export earnings
Nigeria's external reserves
Foreign investment inflows
Diaspora remittances
Monetary policy decisions
Demand from importers and businesses
Global movements in the US dollar

These factors will continue to determine whether the current period of relative stability can be sustained.

Impact on Businesses and Nigerians

A relatively stable exchange rate can make it easier for businesses to prepare budgets and estimate the cost of international transactions.

Importers, manufacturers, technology companies and other businesses that rely on foreign goods and services can benefit from reduced short-term exchange-rate uncertainty. Businesses with dollar-denominated obligations can also have greater visibility when planning payments.

However, the difference between official and parallel-market rates remains important. The actual rate available to an individual or business can vary depending on the bank, Bureau de Change operator, transaction size, location and payment method.

For Nigerians paying international school fees, travelling abroad, purchasing goods from overseas or settling other dollar-denominated obligations, movements in the naira-dollar exchange rate can have a direct effect on their expenses.

Outlook for the Naira

The outlook for the naira remains dependent on developments in the foreign exchange market and the wider Nigerian economy.

Market participants will continue to monitor dollar supply, crude oil receipts, investor confidence, remittances and monetary policy. Continued improvement in foreign-exchange liquidity could support further stability, while strong dollar demand could put renewed pressure on the naira.

For now, the latest market figures point to a period of relative stability rather than a major movement in either direction.

Latest Dollar-to-Naira Rates — August 10, 2026

Market	Buying Rate	Selling Rate
Official NFEM	—	₦1,362.55/$
parallel Market	₦1,410/$	₦1,425/$

Rates can change during the day and may differ between financial institutions, Bureau de Change operators and locations.

Conclusion

The Nigerian naira has started the week on a relatively stable note against the US dollar, with the official exchange rate around ₦1,362.55/$ and the parallel-market selling rate around ₦1,425/$.

While the stability offers some relief to businesses and consumers dealing with foreign currency, the market remains sensitive to dollar supply, oil revenues, foreign investment, remittances and monetary policy. Nigerians and businesses should therefore continue to monitor exchange-rate movements before making major foreign-currency transactions.

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