The naira strengthened versus the US dollar at Nigeria’s official foreign exchange window on Monday, extending a rebound that helped the currency start the week on a firmer footing. Central Bank of Nigeria figures showed the local unit finished the day at N1,356.27 per dollar, compared with N1,363.83 quoted on Friday of last week. That represents a gain of N7.56 against the dollar at the official market.
In contrast, the parallel (black) market price of the naira held steady at N1,395 per dollar, unchanged from the level at which the currency was exchanged during the prior week. The update also arrived alongside a rise in the country’s external buffers: Nigeria’s foreign reserves increased to $50.51 billion as of June 11, 2026.
The improvement follows a stretch of weakness at the official window, where the naira had depreciated against the dollar on Thursday and Friday, ending that period on a negative tone.
Zibuyile began her media journey as a sales intern at Mediamark (Kagiso Media) before moving into digital content creation for ZAlebs.com. Over four years, she helped evolve the platform from a simple blog into one of South Africa’s leading independent entertainment news sites.
Following ZAlebs’ transition to Celebrity Worx in 2016, Zibuyile was promoted to Executive Editor, recognized for her sharp audience insight and ability to match editorial with branded content. Highlights of her time include a Bookmark Award nomination, judging TLC’s Next Great Presenter, reporting from the MTV EMAs, and building partnerships with radio stations like YFM, Cliff Central, and Good Hope FM.
Her editorial work also expanded to include fast-growing digital verticals—such as lifestyle tech, online entertainment, and gambling-related content—tailored to evolving reader interests and brand opportunities.