Naira spilled N1.16 against the dollar in the official window

The Nigerian currency, Naira, depreciated the US dollar in the official window on Monday, August 18, 2025.

According to Nigerian Central Bank data (CBN), Naira was closed on N1, 533.67/$ 1 compared to N1, 532.51/$ 1 which was traded on Friday, August 15, 2025.

This is the loss of N1.16 for local currencies against American Greenback.

In the black market, Naira closes flatly against the dollar to be traded at N1.550/$ 1, the same as the previous day level N1.550/$ 1.

Also read: APC Winning to win the selection as the endorsement of the Tinubu agenda

Naira obtained the N10 against the British pound to trade at N2.100/£ 1 compared to the previous day level N2.110/£ 1.

Naira continues to close flatly against Canadian dollars to trade at N1.200/Ca $ 1, equal to the previous day level N1.200/Ca $ 1.

Naira lost the N10 to Euro to trade in ₦ 1,800/€ 1 compared to the previous day level ₦ 1,790/€ 1.

By: Babajide Okeowo