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Naira Begins 2026 On A Strong Note, Gains ₦4.90 At Official Market
Nigeria’s currency began the 2026 trading year on a positive note, recording a modest appreciation against the United States dollar at the official foreign exchange market. According to Nivo News, the naira strengthened to close at ₦1,430.84 per dollar on Friday, reflecting renewed stability at the start of the year.....KINDLY READ THE FULL STORY HERE▶
Data published on the official platform of the Central Bank of Nigeria showed that the local currency gained ₦4.90 compared to its previous closing position. This movement represents a 0.34 per cent appreciation from the rate of ₦1,435.75 to the dollar recorded on Wednesday, December 31, 2025.
The latest gain underscores a sustained upward trend for the naira, which had shown signs of resilience throughout the yuletide period and carried that momentum into the new year. Analysts view the development as a positive signal for market confidence, particularly amid recent policy measures aimed at improving liquidity and exchange rate transparency.
Market watchers note that the steady performance of the naira could help stabilise import costs and ease inflationary pressures if the trend is maintained in the coming weeks. The currency’s opening performance in 2026 is being closely monitored by investors and businesses seeking clarity on the direction of Nigeria’s foreign exchange market.
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Tension In UK As Nigerians Push For INEC Chairman’s Removal Ahead Of 2027.
A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
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“My Nightclubs Are The Least Of What I Do” — Sir Uyi Fires Back At Critics.
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