Naira weakens to ₦1,350/$ as external reserves fall by $1.4bn

By Boluwatife Oshadiya | April 21, 2026 Key Points Main Story The Nigerian naira weakened to approximately ₦1,349.67 per dollar at the official foreign exchange market on Monday, pressured by increased demand for foreign currency and a decline in external reserves. Data from the Central Bank of Nigeria showed the currency depreciated by ₦6.03 compared … Continue reading Naira weakens to ₦1,350/$ as external reserves fall by $1.4bn