Will the Naira be weaker than ₦1,400 per USD at the official NFEM rate on July 31, 2026?
48% YES · 52% NO — $0 traded · 0 unique traders. Trade this market on BlockForecast, Africa's prediction market on Base. Settle in USDC.
Naira at ₦1,375 NFEM on May 25. The CBN has held the ₦1,300-₦1,450 band for months; Q3 brings election-bid season + lower oil revenue, both Naira-negative. ₦1,400 is just 1.8% weaker — basically a coin-flip on direction.
Resolution criteria
Resolves YES if the CBN-published Nigerian Foreign Exchange Market (NFEM) closing rate for USD/NGN on July 31, 2026 is ₦1,400.00 or higher (Naira is weaker). If July 31 is not a trading day, the closing rate on the previous trading day is used. Source: cbn.gov.ng/rates. Resolves NO if the closing rate is below ₦1,400.00.
Market details
- Question: Will the Naira be weaker than ₦1,400 per USD at the official NFEM rate on July 31, 2026?
- Category: economy
- Trading closes: Jul 31, 2026, 5:00 PM UTC
- Resolves: Aug 2, 2026, 11:59 PM UTC
- Current price: YES 48¢ · NO 52¢ (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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