World Bank Naira Resilience Report

The naira was recognized as one of Africa's strongest currencies in Q2 2026, with a maximum depreciation of only 2.6%. The World Bank's report attributes this resilience to Nigeria's economic growth forecast and varying impacts of global economic pressures.

The World Bank reported that the naira was one of Africa's most resilient currencies in the second quarter of 2026, depreciating only 2.6% amid global economic pressures, while other currencies faced larger declines.

The World Bank's October 2026 report indicates that the naira demonstrated resilience against depreciation compared to several African currencies during Q2 2026, with a maximum decline of 2.6%. Nigeria's position as a major oil exporter contributed to this stability.