Dollar to Naira exchange rate today, October 8, 2026: Naira extends depreciation against USD
The naira extended its depreciation against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria data showed that the naira weakened further to N1,332.10 per dollar on Thursday, down from N1,331.77 on Wednesday. This means that, on a day-to-day basis, the Nigerian currency, the naira, declined by N0.33 against the […] Dollar to Naira exchange rate today, October…
On Thursday, the official foreign exchange market in Nigeria witnessed the naira continuing its downward trend against the US dollar. According to data from the Central Bank of Nigeria, the naira depreciated to N1,332.10 per dollar, a decline from N1,331.77 on Wednesday. This daily decrease amounted to N0.33 for the naira against the dollar.
In contrast, the black market remained relatively stable, with the naira remaining flat at N1,385 per dollar on Thursday, mirroring the rate from the previous day. Despite external reserves surging to $55.05 billion as of October 7, 2026, as reported by the apex bank, the Nigerian currency's mixed performance across markets persisted.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
