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Naira extends significant appreciation against US dollar

The naira continued its appreciation rally against the United States dollar at the official foreign exchange market on Monday. The Central Bank of Nigeria’s data showed that the naira further strengthened to N1,357.77 per dollar on Monday, up from N1,366.23 on Friday last week. This means that local currency gained N8.46 significantly against the dollar on Monday when compared to Friday. Meanwhile, at the black market, the Naira weakened by N5 t…

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Dateline Nigeria broke the news in on Monday, March 16, 2026.
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