1 hour ago
2
The Naira depreciated against the dollar astatine the authoritative overseas speech marketplace on Wednesday.
The Central Bank of Nigeria’s information showed that the Naira weakened for the archetypal clip this week to N1,362.05 per dollar on Wednesday, down from N1,360.55 traded on Tuesday.
This means that connected a day-to-day basis, the Naira dipped by N1.5 against the dollar.
The improvement comes arsenic the country’s overseas reserves continued surge to $50.35 cardinal arsenic of June 9th 2026, according to the apex slope data.
Meanwhile, astatine the achromatic market, the Naira remained unchanged astatine N1,395 per dollar on Wednesday, the aforesaid complaint arsenic exchanged on Tuesday.
Recall that successful the past 2 days this week, the Naira had appreciated against the dollar.
English (US) ·