55 minutes ago
4
The Nigerian naira extended its appreciation against the US dollar astatine the authoritative overseas speech marketplace connected Thursday.
Data from the Central Bank of Nigeria,CBN showed that the naira strengthened further to N1,367.76 per dollar connected Thursday, up from N1,369.64 per dollar recorded astatine the authoritative overseas speech marketplace connected Wednesday.
This means that, connected a day-to-day basis, the naira gained N1.87 against the dollar astatine the authoritative overseas speech market.
Meanwhile, astatine the parallel (black) market, the naira depreciated by N5 to N1,420 per dollar connected Thursday, down from N1,415 per dollar traded connected Wednesday.
This comes amid the continued emergence successful the country’s outer reserves, which accrued to $52.04 cardinal arsenic of July 22, 2026.
Recall that the naira appreciated across some the authoritative and parallel overseas speech markets connected Wednesday.
...
English (US) ·