Naira gains as external reserves climb above $49 Billion

By Boluwatife Oshadiya | June 2, 2026 Key Points Main Story Nigeria’s currency opened June on a firmer footing as rising foreign exchange reserves and renewed foreign investor participation continued to support stability in the foreign exchange market. Data from the Nigerian Foreign Exchange Market (NFEM) showed the naira closed May at ₦1,373.25 per dollar, … Continue reading Naira gains as external reserves climb above $49 Billion