Dollar to Naira exchange rate today, April 23, 2026: Nigerian currency depreciates across FX markets
Business Dollar to Naira exchange rate today, April 23, 2026: Nigerian currency depreciates across FX markets Published on April 23, 2026 By Ogaga Ariemu googletag.cmd.push(function() { googletag.display('div-gpt-ad-1500386953281-8'); }); The Naira depreciated against the dollar across foreign exchange markets to close Thursday’s trading on a negative note. The Central Bank of Nigeria’s data showed that the Naira weakened to N1,353.91 on Thursday against the dollar, down from N1,348.45 traded on Wednesday. This means that the local currency dropped significantly by N5.46 against the dollar on a day-to-day basis at the official foreign exchange. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524595905268-5'); }); Similarly, Abubakar Hassan, a Bureau De Operator in Wuse Zone 4, Abuja, told DAILY POST that the Naira exchanged for N1,426 on Thursday, up from N1,400. The downward trend across FX markets on Thursday reversed the gain the Nigerian currency recorded on Wednesday. The development follows the persistent decline of the country’s external reserves, which dropped to N48.48 billion as of March 22nd, 2026, according to the apex. Don't Miss Nigeria’s Tax Ombudman to collaborate with revenue agencies on operational efficiency You may like Dollar to Naira exchange rate today, April 22, 2026: Nigerian currency records appreciation Dollar to Naira exchange rate, April 21, 2026: Nigerian currency depreciates after Edun’s sack Dollar to Naira exchange rate today, April 20, 2026: Nigerian currency depreciates significantly Dollar to Naira exchange rate Today, April 16, 2026: Nigerian currency extends gain Dollar to naira exchange rate today, April 15, 2026: Nigeria’s currency records three-day appreciation Exchange rate today, April 14, 2026: Naira continues appreciation against US dollar