Naira Records Strongest Appreciation Against US Dollar in Two Years

Naira records third consecutive appreciation against US dollar

The Naira recorded its third consecutive appreciation against the United States Dollar at the official foreign exchange on Wednesday. The Central Bank of Nigeria’s data showed that the Naira rose on Wednesday to N1,400.48 per dollar, up from N1,401.22 traded the previous day. This means the Nigerian naira gained N0.74 against the dollar on a day-to-day basis. Similarly, the Naira strengthened by N5 to N1485 per dollar on Wednesday, up from N1490…

Nigeria: Naira on recovery spree, strengthens against major currencies

Against other major currencies, the naira posted mixed performances

Naira Appreciates to N1,396 Per Dollar at Official FX Market

By Adedapo Adesanya The Naira appreciated further on the Dollar in the the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, January 29 by N3.49 or 0.25 per cent to N1,396.99/$1 from the previous session’s N1,400.48/$1. This was supported by foreign portfolio inflows from a recent bond auction and relatively subdued Dollar demand. Year old […]

Dollar To Naira Black Market Exchange Rate Today, Friday, January 30th 2026

The Nigerian Naira strengthened against the United States Dollar in the informal foreign exchange market on Friday as improved liquidity and easing end-of-month demand helped stabilize pricing. As of Friday, January 30th 2026, the Dollar to Naira exchange rate in the black market stands at ₦1,470 per dollar for buying and ₦1,480 per dollar for […] The post Dollar to Naira Black Market Exchange Rate Today, Friday, January 30th 2026 appeared first…

Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 - Economi Confidential

Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 The naira continued its appreciation against the U.S. dollar on Thursday, January 29, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,450/$1 for buying and ₦1,460/$1 for […] The post Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 appeared firs…

Naira Records Strongest Performance Since May 2024, Trades at ₦1,394 Per Dollar - OloriSuperGal

Nigeria’s currency, the naira, has strengthened to its highest level since May 2024, trading at ₦1,394 per dollar at the official Nigerian Foreign Exchange Market. The development marks a notable shift in recent currency performance and reflects a combination of Central Bank of Nigeria reforms, improved market liquidity, and broader global currency movements. Data from the official market shows the naira gaining ground after months of volatility…