Dollar to Naira exchange rate today, May 6, 2026: Naira appreciates significantly

The Naira appreciated importantly against the dollar astatine the authoritative overseas speech marketplace connected Wednesday.

The Central Bank of Nigeria’s information showed that the Naira connected Wednesday strengthened to N1,357.34 against the dollar up from N1,366.56 traded connected Tuesday.

This means that the Naira gained N9.22 against the dollar connected a day-to-day basis.

Meanwhile astatine the achromatic market, the Naira remained comparatively unchangeable astatine N1395 per dollar connected Wednesday, the aforesaid speech complaint connected Tuesday.

The improvement comes arsenic the country’s outer reserves continued to endure depletion, stood astatine $48,33 billion
as of May 5 2026.

Recall that the Naira depreciated against the dollar connected Tuesday, aft starting the week connected a affirmative enactment astatine the authoritative overseas exchange.

Dollar to Naira speech complaint today, May 6, 2026: Naira appreciates significantly