Naira exchange rate Today, September 4, 2026: Naira records first depreciation against US dollar

The naira depreciated for the archetypal clip successful September 2026 astatine the authoritative overseas speech market, ending trading on Friday on a antagonistic note.

Data from the Central Bank of Nigeria showed that the naira weakened to N1,321.22 against the dollar on Friday from N1,315.67 on Thursday.

This means that astatine the authoritative overseas speech market, the naira depreciated by N5.55 connected a day-to-day basis.

Meanwhile, astatine the achromatic market, the naira remained level astatine N1,400 per dollar on Friday, the aforesaid complaint recorded the erstwhile day.

The mixed question crossed the overseas speech markets comes contempt the continued surge successful the country’s overseas reserves, which stood astatine $54.08 cardinal on Thursday.

DAILY POST reports that the naira appreciated astatine the authoritative market passim the week, but on Friday.

Naira exchange...