Business
Naira Strengthens Against US Dollar at Official Market
The Naira started the week with a notable gain against the US dollar at Nigeria’s official foreign exchange market.
Data from the Central Bank of Nigeria (CBN) showed that on Monday, the Naira traded at N1,418.95 per dollar, improving from N1,421.63 recorded on Friday, 23 January 2026. This represents a gain of N2.68 within the period under review.
In contrast, the black market rate remained unchanged at N1,490 per dollar, the same level recorded last Friday.
The currency’s performance follows reports that Nigeria’s foreign reserves stood at $46.01 billion as of last Thursday.
-
Entertainment2 years agoAdanma Luke Appeals for Forgiveness over Junior Pope’s Death: “I’m Gradually Losing My Life, Please Forgive Me”
-
Security News2 years agoRivers: Tension as Gunmen on Speedboat Abduct Fubara, Police Launch Manhunt
-
Security News2 years agoSoldiers in South East Extort, Humiliate Us While Kidnappers Operate Freely Near Checkpoints, Igbo Women’s Group Alleges
-
Politics2 years agoRevealed: Ajuri Ngelale Fired Over Feud with Onanuga, Despite Medical Cover Story
-
General News2 years agoGov. Soludo Seals Peter Obi’s Campaign Office, Edozie Njoku-Led APGA State Office
-
Security News2 years agoEnugwu-Ukwu in Shock: Deadly Ambush Leaves Multiple Dead, Survivors in Fear
-
General News2 years agoVideo: Moment DSS Staff Erupt in Jubilation as News of Bichi’s Sack Announced
-
Breaking News2 years agoJUST IN: Presidential Adviser Ajuri Ngelale Steps Down Temporarily, Cites Reasons