The naira appreciated at the official market on Tuesday, March 10, 2026, trading at N1,401.40 against the United States dollar.
Data released by the Central Bank of Nigeria (CBN) showed that the naira gained N4.22 against the dollar at the Nigerian Autonomous Foreign Exchange Market.
The marginal recovery reflected improved demand and supply dynamics at the official window after recent volatility in the foreign exchange market.
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The gain represents a 0.3 per cent appreciation when compared with Monday’s closing rate of N1,405.62 to the dollar at the same market.
The local currency had recorded a two-week decline before the latest rebound at the official window.
On Monday, the naira depreciated by 0.8 per cent, opening the trading week on a negative note.
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