Naira records N8.21 appreciation against dollar in first week of September
The naira appreciated by N8.21 against the United States dollar in the first week of September 2026 in the official foreign exchange market. Data from the Central Bank of Nigeria showed that the naira stood at N1,321.22 per dollar at the close of trading on Friday, September 4, 2026, compared with N1,329.43 at the start […] Naira records N8.21 appreciation against dollar in first week of September
The Nigerian naira experienced an 8.21% appreciation against the US dollar during the first week of September 2026, according to data from the Central Bank of Nigeria. The official exchange rate saw the naira rise from N1,329.43 to N1,321.22 per dollar, while the black market rate remained unchanged at N1,400 per dollar. This improvement in the naira's value comes as Nigeria's foreign exchange reserves increased to $54.08 billion, up from $53.81 billion in the previous month.
Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
