Naira Strengthens Marginally to N1,375.25/$ in Official Market

Naijaonpoint_ng | 31-05-2026 10:18am |

The Naira experienced a slight appreciation in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Friday, May 29, following a two-day hiatus. It strengthened by 16 Kobo, or 0.01 percent, trading at N1,375.25 to the United States Dollar, compared to N1,375.41 recorded on Tuesday. This marginal gain indicates a positive movement for the local currency within the official market framework.

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