Categories: Business

Naira appreciates against dollar at official market

The naira closed the week stronger against the United States dollar on Friday, January 30, 2026, appreciating to N1,386.55 at the official market.

Data released by the Central Bank of Nigeria (CBN) showed that the naira gained N10.43.

This represents a 0.7 per cent gain when compared to Thursday when it traded at N1,396.99 to a dollar.

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The currency has remained relatively stable due to CBN reforms, experiencing weeklong appreciation.

On Monday, Tuesday, and Wednesday the local currency traded at N1,418.95, N1,401.22, and N1,400.47, respectively.

The Star

Segun Ojo

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