The naira closed the week on a positive note at the official market on Friday, August 21, 2026, trading at N1,346.49 to the United States dollar.
Data released by the Central Bank of Nigeria (CBN) revealed that the naira gained N1.13, representing a 0.08 per cent gain when compared to Thursday, when the currency traded at N1,347.62 per dollar.
The naira, which remained relatively stable due to ongoing CBN reforms, experienced only a day of depreciation within the week.
FG targets 80% electricity access, lower power losses in five years
On Monday, it opened the trading week with appreciation when it traded at 1,349.53 to a dollar. On Tuesday, the local currency further appreciated before recording minimal loss of 0.5 per cent on Wednesday.
However, the currency recovered on Thursday with a gain of N2.79 before closing the week with further gain on Friday.
The Federal Government has withdrawn the eight-count criminal charge against Adeniyi Adeyemi, the alleged fake…
Former Chief of Army Staff, Lt. Gen. Tukur Buratai (retd.), has said the $1bn approved…
Bandits killed no fewer than 20 people following an attack on traders travelling to a…
Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), on behalf of the Nigerian National Petroleum Company…
Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, has sworn in 68 legal practitioners as Senior…
No fewer than 5,990 education officers in the Federal Capital Territory Administration (FCTA) have begun…
This website uses cookies.