The naira depreciated against the dollar astatine the authoritative overseas speech marketplace for the 3rd consecutive time.
Central Bank of Nigeria information showed that the naira further weakened to N1,331.28 against the dollar connected Thursday from N1,329.86 traded connected Wednesday.
This means that, connected a day-to-day basis, the naira dropped by N1.42 against the dollar astatine the authoritative FX market.
Similarly, astatine the achromatic market, the naira depreciated by N2 to N1,392 per dollar connected Thursday from N1,390 traded connected Wednesday.
This improvement comes arsenic the country’s overseas reserves stood astatine $54.67 cardinal arsenic of September 16, 2026.
Recall that, successful the past 2 days, the naira had ended connected a bearish enactment against the USD astatine the authoritative overseas speech market.



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