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Naira gains against dollar officially, weakens at black market

Source: dailypost.ng Published Sun, 01 Nov 2026 20:22:41 +0000
Naira gains against dollar officially, weakens at black market

Why This Matters

Key context: <img width="1280" height="720" src="https://dailypost.ng/wp-content/uploads/2026/03/naira-.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2026/03/naira-.jpg 1280w, https://dailypost.ng/wp-content/uploads/2026/03/naira--300x169.jpg 300w, https://dailypost.ng/wp-content/uploads/2026/03/naira--1024x576.jpg 1024w" sizes="(max-width: 1280px) 100vw, 1280px" /><p>The Naira appreciated significantly against the dollar on a week-on-week basis at the close of trading on Friday. Central Bank of Nigeria, CBN, data showed that the Naira exchanged at N1,346.26 per dollar on Friday, strengthening from N1,361.84 recorded on October 23, 2026. This means that the Nigerian currency appreciated by N15.58 against the dollar [&#8230;]</p> <p><a href="https://dailypost.ng/2026/11/01/naira-gains-against-dollar-officially-weakens-at-black-market/">Naira gains against dollar officially, weakens at black market</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

The Naira appreciated significantly against the dollar on a week-on-week basis at the close of trading on Friday. Central Bank of Nigeria, CBN, data showed that the Naira exchanged at N1,346.26 per dollar on Friday, strengthening from N1,361.84 recorded on October 23, 2026. This means that the Nigerian currency appreciated by N15.58 against the dollar […] Naira gains against dollar officially, weakens at black market

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