Dollar to Naira exchange rate Today, April 16, 2026: Nigerian currency extends gain
Thursday, April 16, 2026
Nigeria’s official Naira rose modestly on Thursday, reaching ₦1,342.30 per US $1, up from ₦1,343.74 the day before—a gain of about ₦1.4. The slight appreciation could ease the cost of imported goods and modestly temper inflation pressures for Nigerians.
The Naira on Thursday extended its gain against the dollar at the official foreign exchange market. The Central Bank of Nigeria’s data showed that the Naira further strengthened to N1,342.30 per dollar on Thursday, up from N1,343.74 traded on Wednesday. This means that the local currency recorded a slight N1.4 appreciation against the dollar. From […] Dollar to Naira exchange rate Today, April 16, 2026: Nigerian currency extends gain