The naira recorded a slight depreciation against the US dollar at the official foreign exchange market, beginning the week on a negative note on Monday.
Data from the Central Bank of Nigeria, CBN showed that the naira marginally weakened to N1,362.21 per dollar on Monday from N1,362.09 per dollar on Friday.
This means the naira depreciated by N0.12 against the dollar compared to the N1,362.09 recorded on Friday.
Meanwhile, at the black market, the naira remained unchanged at N1,410 per dollar on Monday, the same rate recorded at the close of last week.
This comes as the country’s external reserves stood at $52.01 billion, according to the latest data from the apex bank.
Recall that the naira recorded gains against the dollar in both the official and black markets three days ago.
![Nigeria Customs releases final list of successful candidates for immediate appointment [Full List]](https://dailypost.ng/wp-content/uploads/2025/11/Nigeria-customs-service-300x180.jpg)
Nigeria Customs releases final list of successful candidates for immediate appointment [Full List]
Sponsored
Download . Play . Win
H1 2026: FCMB Group sustains performance, Reports 99% growth in profit before tax to ₦157.3 billion
War: You will pay, ask US, Israel – Iranian security chief threatens Ukraine over attack
US presses countries to quit ICC, mocks Maduro probe
Why US 12.5% tariffs on imports from Nigeria are less significant – Economist
Cooking gas price sustains decline in parts of Nigeria
‘Nigerian govt, DisCos want to hike electricity tariff to share proceeds among themselves’ — Okorie
Dollar to Naira Exchange Rate Today, July 24, 2026: Naira records appreciation across official, black markets
