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Naira depreciates to N1, 363.8491 to dollar at official market Wednesday

Naira depreciates to N1, 363.8491 to dollar at official market Wednesday

 

Lagos, Aug.  2026 – The Nigerian currency, Naira, depreciated to N1, 363.8491 to the dollar at the official foreign exchange market on Wednesday.

The naira exchange rate was N1, 362.5542 to the dollar at the market on Tuesday.

Bid rates quoted by dealers at the market on Wednesday ranged between N1, 364.9000 and N1, 363.8491 to the dollar.

Meanwhile, the naira is being traded between N1,410 and N1,415 to the dollar at the black market in Lagos

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