Naira extends appreciation against US dollar, gains N35 in four days

Naira extended appreciation against the United States dollar to prolong a rally astatine the authoritative overseas speech marketplace connected Friday.

The Central Bank of Nigeria’s authoritative overseas speech marketplace information indicated that the Naira further firmed up to N1,366.23 per dollar connected Friday, up from N1,371.51.

This means that connected a day-to-day ground the section currency, the naira, appreciated by N5.28.

Meanwhile astatine the achromatic market, the Naira remained level astatine N1,440 per dollar connected Friday, the aforesaid complaint recorded connected Thursday.

DAILY POST reports that the Naira has continued to rally astatine the authoritative overseas speech marketplace since Tuesday, March 10, and has gained N35.17 per dollar.

However, astatine the parallel market, the Naira declined by N20 successful the past 4 days, according to aggregate Bureau de Change operators.

The improvement comes arsenic the country’s outer reserves stood astatine $50.03 cardinal arsenic of 11 March 2026.

Naira extends appreciation against US dollar, gains N35 successful 4 days