The naira remained relatively stable against the United States dollar across both the official and parallel foreign exchange markets as traders monitored liquidity conditions and demand pressures. At the Nigerian Foreign Exchange Market (NFEM), the official exchange rate stood at about ₦1,368.22 per dollar, according to figures published by the Central Bank of Nigeria and market data aggregators. The rate is derived from the volume-weighted average of completed transactions in the official market. In the parallel market, commonly referred to as the black market, the dollar traded at around ₦1,405 per dollar on Friday, reflecting a premium of roughly ₦37 above the official NFEM rate. Currency dealers said demand from importers, travellers, and other retail users continued to support the parallel-market rate, while supply from exporters and autonomous sources helped keep the official market relatively stable.