The naira closed at N1,341.99/$ at the official market on Wednesday, marking its strongest level since February 18, 2026, when it traded at N1,340/$.
This is according to data from the Central Bank of Nigeria (CBN).
The latest performance reflects a steady appreciation from N1,358/$ on Monday and N1,348/$ on Tuesday.
The naira recorded consistent gains across the week, reflecting improved market sentiment.
The currency appreciated from N1,358/$ on Monday to N1,348/$ on Tuesday.
It further strengthened to N1,341.99/$ on Wednesday, marking its highest level in nearly two months.
On a week-on-week basis, the naira improved from N1,369/$ recorded on Wednesday, April 8, 2026.
The sustained appreciation suggests increased stability at the official foreign exchange market.
Overall, the trend indicates a short-term recovery in the naira’s value after previous volatility.
