Dollar to Naira Exchange Rate Today, July 16, 2026: Nigerian Naira extends appreciation

The Naira continued to admit against the authoritative overseas speech marketplace connected Thursday for the 2nd consecutive clip this week.

The Central Bank of Nigeria’s information showed that the Naira strengthened to N1,381.53 per dollar connected Thursday, up from

N1,382.18 traded connected Wednesday.

This means that connected a day-to-day ground the Nigerian currency appreciated by N0.65 against the dollar astatine the authoritative overseas speech market.

Meanwhile, astatine the achromatic market, the Naira remained level astatine N1430 per dollar connected Thursday, the aforesaid complaint exchanged connected Wednesday.

The improvement comes arsenic the country’s overseas reserves roseate further to $51.89 billion, according to the apex slope information connected July 15th, 2025.

Recall that the Naira appreciated against the dollar connected Wednesday aft Nigeria’s ostentation somewhat declined to 15.91 percent successful June.

Dollar to Naira Exchange Rate Today, July 16, 2026: Nigerian Naira extends appreciation