Naira weakens as foreign investor selloffs drive FX demand higher
By Boluwatife Oshadiya | June 30, 2026 Key Points Main Story The naira weakened against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday as increased demand for foreign currency, driven by foreign investors exiting Nigerian equities, outweighed improved market liquidity. According to data released by the Central Bank of Nigeria (CBN), … Continue reading Naira weakens as foreign investor selloffs drive FX demand higher
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