Dollar-to-Naira exchange rate today, October 26, 2026: Naira extends free fall against USD
The Naira continued its free fall against the United States dollar across the foreign exchange markets as trading resumed on Monday. Data from the Central Bank of Nigeria, CBN, showed that the Naira weakened further on Monday, falling to N1,367.61 per dollar from N1,361.84 recorded at the close of trading last Friday. This means that […] Dollar-to-Naira exchange rate today, October 26, 2026:…
On Monday, October 26, 2026, the Nigerian Naira continued its downward trajectory against the US dollar in the foreign exchange markets. According to data from the Central Bank of Nigeria (CBN), the Naira weakened to N1,367.61 per dollar, a drop of N5.77 per dollar compared to the previous Friday's close at N1,361.84. At the parallel market, the Naira depreciated by N10 to N1,385 per dollar, marking a significant decline from N1,375 recorded last week.
Despite an increase in the country's external reserves to $55.18 billion on Friday, the Naira's depreciation persisted, recording a sharp decline of N22.12 per dollar from Thursday to Friday.
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