Naira Gains 0.55% at Official Window as External Reserves Top $50 Billion
By Aboki Forex —
The naira appreciated against the US dollar at the official foreign exchange window on Monday, June 15, 2026. Data from the Central Bank of Nigeria shows the local currency gained 0.55% at the Nigerian Autonomous Foreign Exchange Market.
The naira closed at N1,356.27/$1, strengthening by N7.56 from N1,363.83/$1 on the previous trading day. The performance is supported by stronger external reserves, now above $50 billion, and steady FX inflows.
At the official window, the naira also gained 0.68% against the pound sterling, closing at N1,808.86/£1 from N1,821.25/£1. But it slipped 0.19% against the euro, losing N2.96 to close at N1,575.85/€1 from N1,572.89/€1.
At the GTBank FX Desk, the currency dropped 0.15% against the US dollar, trading at N1,373/$1 from N1,371/$1. At the parallel market, the naira fell by N2 against the dollar, moving from N1,380/$1 to N1,400/$1.
Abdullahi, a Bureau de Change operator, told Legit.ng: 'The dollar is bought at N1,390 and sold at N1,400. Rates used to be higher than this. We sell the euro at N1,600 and buy at N1,578, while the British pound is bought at N1,750 and sold at N1,800.'