Categories: BusinessNews

Naira depreciates against dollar at official market

The naira closed the week with a marginal depreciation at the official foreign exchange market on Friday, June 26, 2026, trading at N1,380.93 to the United States dollar.

Data published on the official website of the Central Bank of Nigeria (CBN) showed that the naira lost 82 kobo.

This represented a 0.05 per cent decline when compared with Thursday’s rate of N1,380.10.

Emefiele challenges EFCC statements in $4.5bn fraud trial

The local currency, however, opened the week on a positive note, trading at N1,369.10 on Monday, June 22.

It later depreciated to N1,370.63 on Tuesday and further weakened to N1,380.07 on Wednesday.

Segun Ojo

Recent Posts

Xavi named first foreign Netherlands coach in 48 years

Xavi Hernandez has been appointed as the successor to Ronald Koeman as head coach of…

6 hours ago

Osun senator Fadahunsi leaves police headquarters after questioning

Senator Francis Fadahunsi, representing Osun East Senatorial District, has left the Osun State Police Command…

8 hours ago

Kebbi gives tertiary institutions seven buses to students’ mobility

The Kebbi State Government has distributed seven new 30-seater buses to tertiary institutions across the…

8 hours ago

Again, OPEC reduces 2026 oil demand outlook, raises 2027 forecast

The Organization of the Petroleum Exporting Countries (OPEC) has lowered its global oil demand growth…

9 hours ago

ADC alleges plot to arrest Aregbesola ahead of Osun poll

The African Democratic Congress (ADC) has raised concerns over an alleged plan to arrest its…

9 hours ago

Katsina United defender’s parents demand 24-hour ICU to confirm player’s death

Parents of Katsina United defender Ozor Chinedu, who was pronounced dead after collapsing on field,…

11 hours ago

This website uses cookies.