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The naira extended its depreciation against the dollar astatine the authoritative overseas speech marketplace connected Thursday up of the Democracy Day holiday.
Data from the Central Bank of Nigeria showed that the naira weakened further to N1,363.83 per dollar connected Thursday, down from N1,362.05 per dollar connected Wednesday.
This means that, connected a day-to-day basis, the section currency declined by N1.79 against the dollar.
Meanwhile, astatine the achromatic market, the naira remained unchangeable astatine N1,395 per dollar connected Thursday, the aforesaid complaint recorded connected Wednesday, Tuesday and Monday this week.
The improvement comes amid a continued emergence successful the country’s overseas reserves, which accrued to $50.43 cardinal arsenic of June 10, 2026, up from $50.35 cardinal recorded the erstwhile day, according to information from the apex bank.
DAILY POST reports that, successful caller days, the naira has recorded mixed fortunes of gains and losses successful the week nether review.