By Boluwatife Oshadiya | June 5, 2026 Key Points Main Story The naira depreciated marginally against the U.S. dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday as demand for foreign exchange outpaced available supply. Data released by the Central Bank of Nigeria showed that the official exchange rate weakened by 0.11% to ₦1,358.75 … Continue reading Naira Weakens Against Dollar as Nigeria’s Reserves Approach $50bn