Nigeria, Oct. 21 -- The naira closed lower at N1,334.99 per dollar on Tuesday October 20, 2026, compared to N1,333.5 recorded in the previous trading day according to the Central Bank of Nigeria (CBN).

The currency closed between N1,331.8 and N1,335.0 in the day's range, with a weighted average rate of N1,333.65.

The News Chronicle reports that the decline came as the international dollar market remained weak, and shows how domestic foreign exchange markets can influence the local currency, despite the broader movements of the naira.

Central bank figures showed 70 interbank deals on Tuesday, compared with 230 recorded on Monday. Interbank turnover stood at approximately N60.72 million, while Monday's reported turnover was N40.60 milli...