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The naira has returned to appreciation against the United States dollar astatine the authoritative overseas speech marketplace connected Thursday.
Central Bank of Nigeria information showed that the naira strengthened connected Thursday to N1,347.63 against the dollar, from N1,350.41 exchanged connected Wednesday.
This means that the naira gained N2.78 against the dollar connected a day-to-day basis.
Meanwhile, astatine the achromatic market, the naira remained level astatine N1,405 per dollar connected Thursday, the aforesaid complaint exchanged the erstwhile day.
This comes arsenic the country’s overseas reserves surged further to $52.66 cardinal arsenic of August 19, 2026.
Recall that connected Wednesday, the naira had declined against the dollar astatine the authoritative overseas speech market.
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