Naira Strengthens as Rising FX Reserves Support Stability

By BizWatch Nigeria Finance Desk | June 2, 2026, 10:00 AM Key Points Main Story The naira strengthened against major foreign currencies on Monday as growing proceeds from Nigeria’s hydrocarbon exports boosted external reserves and improved foreign exchange liquidity. Data released by the Central Bank of Nigeria (CBN) showed that the official exchange rate closed … Continue reading Naira Strengthens as Rising FX Reserves Support Stability