Naira weakens as interbank FX turnover drops 52%

By Boluwatife Oshadiya | August 6, 2026 Key Points Main Story The naira weakened slightly against the US dollar on Wednesday after reduced foreign exchange liquidity pushed the official exchange rate to ₦1,363.85/$1, compared with ₦1,362.55/$1 recorded in the previous trading session. Data released by the Central Bank of Nigeria (CBN) showed that activity at … Continue reading Naira weakens as interbank FX turnover drops 52%