Exchange rate today, October 28, 2026: Naira extends appreciation against USD

The naira extended its appreciation against the dollar astatine the authoritative overseas speech marketplace connected Wednesday.

Data from the Central Bank of Nigeria, CBN, showed that the naira strengthened to N1,347.53 per dollar connected Wednesday, up from N1,352.87 recorded connected Tuesday.

This means the naira gained N5.34 against the dollar connected a day-to-day ground astatine the authoritative overseas speech market.

Meanwhile, astatine the achromatic marketplace the naira appreciated by N5 to N1,380 per dollar connected Wednesday, from N1,385 traded connected the erstwhile day.

The improvement comes arsenic the country's overseas reserves stood astatine $55.26 cardinal connected Tuesday, according to information from the apex bank.

DAILY POST reports that the naira has appreciated against the dollar astatine the authoritative marketplace implicit the past 2 days.

Exchange complaint today, October 28, 2026: Naira extends appreciation against USD