Naira rises to N1,349 as interbank FX turnover jumps 266%

By Boluwatife Oshadiya | August 18, 2026 Key Points Main Story The naira strengthened to ₦1,349.54 per US dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday as interbank foreign exchange turnover surged 266%. The local currency appreciated from an opening rate of ₦1,357.61/$ to ₦1,349.54/$, while the spot rate traded between ₦1,347 and … Continue reading Naira rises to N1,349 as interbank FX turnover jumps 266%