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Naira Firms, FX Turnover Doubles

Naira Firms to ₦1,346.90/$ as Weekly FX Turnover Doubles to $4.5 Billion

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaAug 22, 2026

The Nigerian naira has strengthened to ₦1,346.90 per dollar while weekly foreign exchange turnover in the official market has reportedly doubled to $4.5 billion in a single week. The combined movement is relevant context for startups and investors managing dollar-denominated exposure in Nigeria.

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