Naira Exchange Rate Today, October 12, 2026: Naira depreciates against USD to begin week on negative note

The naira depreciated against the dollar astatine the authoritative overseas speech marketplace connected Monday, opening the week connected a antagonistic note.

Data from the Central Bank of Nigeria, CBN, showed that the naira weakened to N1,332.10 per dollar connected Monday from N1,331.19 recorded connected Friday.

This means the naira depreciated by N0.91 against the dollar astatine the authoritative overseas speech marketplace connected Monday.

Meanwhile, astatine the parallel market, the naira remained unchangeable astatine N1,373 per dollar connected Monday, the aforesaid speech complaint recorded astatine the extremity of past week.

This comes arsenic the country’s overseas reserves stood astatine $55.08 cardinal arsenic of October 9, 2026, according to the latest information from the apex bank.

Recall that the naira appreciated against the dollar connected Friday to extremity the week connected a affirmative note.

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