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The Naira appreciated somewhat against the authoritative overseas speech market, the United States Dollar, connected Wednesday, halting its depreciation trend.
Central Bank of Nigeria information showed that the Naira strengthened moderately to N1,379.46 connected Wednesday, up from N1,380.71 recorded connected Tuesday.
This means that connected a day-to-day basis, the Naira gained N1.25 against the dollar.
Meanwhile, astatine the achromatic market, the Naira stood astatine N1,395 per dollar connected Wednesday, down from N1,393 traded connected Tuesday, according to Abubakar Hassan, a Bureau de Change relation successful Wuse Zone 4, Abuja.
This comes arsenic the country’s overseas reserves extended their diminution to $48.37 cardinal arsenic of April 28, 2026, according to Central Bank of Nigeria data.
Recall that since past week, the Naira had continued its depreciation streak against the dollar astatine the authoritative overseas speech market.
Dollar to Naira Exchange Rate Today, April 29, 2026: Nigerian currency records appreciation


























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