The Naira recorded appreciation against the dollar at the official foreign exchange market to begin the week on a good note.
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The Central Bank of Nigeria’s data showed that the Naira gained on Monday to N1,418.95 against the dollar, up from N1,421.63 traded on Friday, 23 January 2026.
This means that the Naira gained significantly, by N2.68, against the dollar in the period under review.
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Meanwhile, at the black market, the Naira remained flat at N1,490 per dollar on Monday, the same rate traded last week on Friday.
The development comes as the country’s foreign reserves stood at $46.01 billion last Thursday.
