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The naira extended its appreciation against the dollar astatine the authoritative overseas speech marketplace connected Tuesday.
Data from the Central Bank of Nigeria showed that the naira further strengthened to N1,362.55 per dollar connected Tuesday, up from N1,364.83 traded against the dollar connected Monday.
This means the naira appreciated by N2.28 against the dollar connected a day-to-day basis.
Meanwhile, astatine the achromatic market, the naira remained unchanged astatine N1,425 per dollar connected Tuesday, the aforesaid complaint recorded connected Monday.
The improvement comes arsenic the country’s outer reserves roseate further to $51.94 cardinal arsenic of August 3, 2026.
Recall that connected Monday, the naira appreciated against the dollar astatine the authoritative overseas speech market.
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