Advertisement
The naira further depreciated at the official market on Friday, March 6, 2026, trading at N1,393.25 against the United States dollar.
Data released by the Central Bank of Nigeria (CBN) showed that the naira lost N5.80.
This represents a 0.4 per cent loss when compared to Thursday, when the local currency traded at N1387.44 to the dollar.
Banking sector recapitalisation on track as deadline nears — CBN
The currency which has experienced weeklong depreciation also suffered a free fall the previous week. On Monday, March 2, the local currency traded at N1,378.02 per dollar.
On Tuesday, the local currency traded at N1,384.29, while it traded at N1,387.09 on Wednesday.
Latest posts by Segun Ojo (see all)
- World Cup: DR Congo team cleared for US entry after Ebola quarantine - June 12, 2026
- Thai princess dies at 47 after 3 years in hospital - June 12, 2026
- Oil prices drop as Trump calls off planned strikes on Iran - June 12, 2026
Advertisement
