Exchange rate today, November 5, 2026: Naira extends depreciation against USD

Data from the Central Bank of Nigeria, CBN, showed that the naira weakened further to N1,348.74 per dollar on Thursday, compared with N1,347.79 recorded on Wednesday.

This means that, on a day-to-day basis, the naira depreciated by N0.95 against the dollar at the official FX market.

Similarly, at the parallel market, the naira weakened to N1,410 per dollar on Thursday, compared with N1,400 traded the previous day.

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