The naira closed the week on a positive note on Friday, March 13, 2026, appreciating to N1,366.23 against the United States dollar at the official market.
Data released by the Central Bank of Nigeria (CBN) showed that the naira gained N5.27 during Friday’s trading session.
The development reflects a 0.3 per cent increase when compared with Thursday’s closing rate of N1,371.50 to the dollar.
The Nigerian currency had recorded steady appreciation during the week amid sustained market activity and foreign exchange supply.
At the start of trading on Monday, the naira exchanged at N1,405.62 against the dollar.
The currency strengthened slightly to close at N1,401.40 on Tuesday.
The local currency improved further on Wednesday, trading at N1,376.19 to the dollar.
Market analysts said the gradual appreciation shows improving stability in the official foreign exchange market.
