This post was originally published on this site.
Nigeria’s currency lost some value against the dollar at the official market, while black market operators adjusted new dollar exchange ratesThe currency also traded in mixed fortunes against other major global currencies amid increased activity at the official foreign exchange windowThe CBN has been keen on foreign exchange liquidity, while forex reserves are on the rise to maintain currency stability
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Nigeria’s currency, the Naira, declined against the Dollar at the Nigerian Foreign Exchange Market (NAFEM) on Tuesday, June 23, 2026.
Data from the Central Bank of Nigeria revealed that the official foreign exchange window shows that the currency dropped by N1.53 or 0.11% from N1,369.11/USD in the previous session to N1,370.64/$.
Naira slips again as official exchange rate crosses N1,370 per dollar Photo: BloombergSource: Facebook
However, at the black market
