Naira weakens slightly as rising FX demand outpaces supply

By Boluwatife Oshadiya | June 24, 2026 Key Points Main Story The naira weakened slightly against the U.S. dollar on Tuesday as growing demand for foreign exchange payments offset improved liquidity in the Nigerian Foreign Exchange Market (NFEM). According to data from the Central Bank of Nigeria, the official exchange rate depreciated from ₦1,369.16 per … Continue reading Naira weakens slightly as rising FX demand outpaces supply