Article may be outdated

This article is 2 days old. Some details may have changed since publication.

Daily Post Nigeria·1 min read·medium

Dollar to Naira Exchange Rate Today, July 15, 2026: Nigerian Naira records first appreciation

O
Ogaga Ariemu
Dollar to Naira Exchange Rate Today, July 15, 2026: Nigerian Naira records first appreciation
AI Summary

The Nigerian Naira saw its first appreciation of the week against the US dollar, strengthening to N1,382.18 in the official market. This gain follows a rise in Nigeria's external reserves to $51.87 billion.

The Naira appreciated on Wednesday against the dollar at the official foreign exchange market for the first time this week. The Central Bank of Nigeria's data showed that the Naira strengthened to N1,382.18 per dollar on Wednesday, up from N1,383.08 exchanged on Tuesday. This means that on a day-to-day basis, the Nigerian Naira gained N0.89 against the dollar. The DAILY POST reports that this is the first gain against the dollar this week. Meanwhile, at the black market, the Naira remained flat at N1430 per dollar, the same rate traded on Tuesday. The development comes as the country's external reserves rose further to $51.87 billion as of 14th July 2026. Recall that in the past two days, the Naira had recorded depreciation against the dollar.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economybusiness

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in