
The naira appreciated against the dollar astatine the authoritative overseas speech marketplace to extremity the week connected a affirmative note.
Data from the Central Bank of Nigeria (CBN) showed that the naira strengthened to N1,331.19 per dollar connected Friday, compared with N1,332.10 recorded connected Thursday.
This means that, connected a day-to-day basis, the naira gained N0.91 against the dollar.
Meanwhile, astatine the parallel market, the naira remained unchanged astatine N1,385 per dollar connected Friday, the aforesaid complaint recorded the erstwhile day.
During the week nether review, the naira recorded some gains and losses against the dollar crossed the overseas speech markets. The improvement comes arsenic the country’s overseas reserves stood astatine $55.07 cardinal arsenic of October 8, 2026.
The World Bank, successful its October Nigeria Development Update, said the country’s currency outperformed different currencies successful the archetypal 4th of 2026.









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