Wednesday, May 20, 2026

Naira further gains N12.50 at official market

This represents a 0.9 per cent gain compared to Wednesday, when the local currency traded at N1,371.82 to the dollar.

• April 10, 2026
Naira and Dollar
Naira and Dollar

The naira appreciated further on Thursday at the official market, trading at N1,359.31 per U.S. dollar.

According to data released on the Central Bank of Nigeria’s official website, the naira gained N12.50.

This represents a 0.9 per cent gain compared to Wednesday, when the local currency traded at N1,371.82 to the dollar.

The naira has been relatively stable due to sustained CBN reforms.

(NAN)

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