close
Saturday, January 31, 2026

Naira gains N10.43 against dollar to close week

The naira has remained relatively stable due to the CBN reforms.

• January 31, 2026
Naira and Dollar
Naira and Dollar

The naira on Friday closed the week stronger further appreciating against the U.S. dollar at the official market to trade at N1,386.55.

According to data released on the official website of the Central Bank of Nigeria (CBN), the naira gained N10.43.

This represents a 0.7 per cent gain when compared to Thursday when it traded at N1,396.99 to a dollar.

The naira has remained relatively stable due to the CBN reforms, experiencing weeklong appreciation.

On Monday, Tuesday and Wednesday the local currency traded at N1,418.95; N1,401.22 and N1,400.47 respectively.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Daura transportation varsity

Education

Daura transportation varsity targets Martine Engineering, Aviation Technology

Mr Adam-Katsayal stated that the university was progressing steadily.

Anambra State Governor, Chukwuma Soludo.

States

Anambra, traders agree on phased remodeling of Onitsha market

The governor said that leadership sometimes required taking inconvenient, but necessary decisions to secure the future.

Ahmadu Bello University, Zaria.

Heading 2

Guard bars journalists from covering ABU’s 45th convocation

A security officer of the university, identified as C.K., said he was acting on the directive of the Chief Security Officer, Ashiru Zango.

UN logo and Antonio Guterres

Heading 1

Unpaid dues pushing UN to imminent collapse, secretary-general tells member states 

As of the end of 2025, Mr Guterres said that there was a record 1.57 billion dollars in outstanding dues.

Zamfara SSG brother's defection to APC

States

Zamfara SSG brother’s defection to APC non-issue: Aide

Mr Tudu said, “There are no worries to the SSG about the defection of his younger brother to the APC.”

Isaac Balami University of Aeronautics

Education

Isaac Balami University of Aeronautics established to address aviation’s manpower shortages: Founder

Mr Balami said, “The National Universities Commission has licensed the institution to offer 11 programmes,