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.
South African singer Tyla has removed Lagos from the itinerary of her APOP World Tour,…
The Nigerian stock market extended its bearish run on Thursday, July 30, 2026, as investors…
BUA Foods Plc has reported a profit after tax of N292.27 billion for the first…
The Nigerian Army has launched an investigation into the leak of a classified Department of…
President Bola Tinubu has revealed that the Federal Government tracked the families and communities of…
Thousands of migrants crossed into Spain's North African enclave of Ceuta on Thursday after breaching…
This website uses cookies.