ARTICLE AD BOX

editedThe Naira extended depreciation against the dollar astatine the authoritative overseas speech marketplace connected Tuesday up of the Central Bank of Nigeria’s involvement complaint decision.
The apex slope information showed that the naira dropped somewhat to N1,373.87 per dollar connected Tuesday, down from N1,373.70 traded connected Monday.
This means that connected a day-to-day ground the naira dropped marginally by N0.17 against the dollar astatine the authoritative overseas speech market.
Meanwhile astatine the achromatic market, the Naira remained level astatine N1,400 per dollar connected Tuesday, the aforesaid speech complaint recorded connected Monday.
The improvement comes amid the caller continued emergence successful overseas reserves, which roseate to $48.68 cardinal arsenic of May 18, 2026.
DAILY POST reports that the apex slope is expected to denote its caller monetary argumentation determination connected Wednesday aft its 305th meeting.
Recall that successful the Naira weakened against the dollar astatine the authoritative FX market.


























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