Nigeria’s naira strengthens against the US dollar in both official and parallel foreign exchange markets, according to Central Bank of Nigeria (CBN) data cited by several outlets. Recent reports show the naira broadly appreciating across a multi-day period as trading moves within a narrow range on different days.
Across coverage, outlet emphasis varies. Vanguard highlights stability and conditions in both windows, sometimes attributing it to “sustained liquidity interventions” by the CBN and “diaspora inflows,” while also reporting specific parallel-market levels such as N1,373 per dollar. Daily Post focuses on streaks of day-to-day appreciation at the official market and notes foreign reserves slipping alongside the currency’s gains. Legit.ng also reports parallel and official closing levels, describing the dollar’s fall as the naira gains.
Overall, the sources broadly agree on the direction of the move—naira appreciation versus USD—while differing in the precise rates reported for specific days and whether they foreground reserves or operational factors like CBN liquidity support and diaspora inflows.
