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The naira slipped against the US dollar at the official market, closing at N1,364.88 per dollarFX turnover at NAFEM jumped by more than 31 per cent to $98.804 million, with the number of deals rising from 82 to 106The naira weakened against the pound sterling but gained slightly against the euro during the same trading session
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.
The naira closed weaker against the United States dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, August 6, 2026, losing N2.33 or 0.17 per cent to trade at N1,364.88 per dollar, compared with N1,362.55 recorded at Wednesday’s close.
The depreciation came despite a notable rise in trading activity within the official market.
Naira records fresh losses against the dollar despite increased foreign exchange liquidity. Photo: BloombergSource: Getty Images
Against the pound sterling,
