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CBN data showed the naira closed at N1,375.31 per dollar in the official NAFEX market on Tuesday, July 21The naira also gained ground against the pound sterling and euro in the official market during the same sessionBureau de Change operators told Legit.ng the naira moved in the opposite direction in the parallel market
The naira recorded gains against the US dollar in Nigeria’s official foreign exchange market on Tuesday, July 21, 2026, according to data released by the Central Bank of Nigeria (CBN).
Figures from the Nigerian Autonomous Foreign Exchange Market (NAFEX) put the closing rate at N1,375.31 per dollar, a N4.80 improvement from Monday’s close of N1,380.11, which translates to a 0.35% appreciation.
Fresh CBN data showed improved demand and higher FX inflows Photo: BloombergSource: Getty Images
The local currency also gained ground against the British pound, settling at N1,841.13 per pound compared with N1,857.35 the previous day, a N16.22 improvement.
Against the
