Will the Naira cross ₦1,500 per USD at the official NFEM rate on or before July 31, 2026?
28% YES · 72% NO — $0 traded · 0 unique traders. Trade this market on BlockForecast, Africa's prediction market on Base. Settle in USDC.
Naira trades around ₦1,375 (NFEM official) and ₦1,395 (parallel) on May 25, 2026. CBN has held the official rate within the ₦1,300-₦1,450 band for months. A move past ₦1,500 would be a meaningful weakening.
Resolution criteria
Resolves YES if the CBN-published Nigerian Foreign Exchange Market (NFEM) closing rate for USD/NGN reaches or exceeds ₦1,500 on any trading day on or before July 31, 2026. Source: cbn.gov.ng/rates. Resolves NO otherwise.
Market details
- Question: Will the Naira cross ₦1,500 per USD at the official NFEM rate on or before July 31, 2026?
- Category: economy
- Trading closes: Jul 31, 2026, 5:00 PM UTC
- Resolves: Aug 1, 2026, 11:59 PM UTC
- Current price: YES 28¢ · NO 72¢ (out of 100¢)
- Volume: $0 traded
- Traders: 0 unique addresses
- Settlement: USDC on Base L2
- Resolution: Multi-agent AI oracle, automatic
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