Naira weakens as dollar demand pressures official forex market
By Boluwatife Oshadiya| August 20, 2026 Key Points Main Story The naira weakened against the U.S. dollar, euro, pound sterling and Japanese yen as demand for foreign exchange outpaced available liquidity in Nigeria’s official market. The naira closed at N1,350.4134 per dollar on Wednesday, compared with N1,343.3202 on the previous trading day, according to a […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
By Boluwatife Oshadiya| August 20, 2026 Key Points Main Story The naira weakened against the U.S. dollar, euro, pound sterling and Japanese yen as demand for foreign exchange outpaced available liquidity in Nigeria’s official market. The naira closed at N1,350.4134 per dollar on Wednesday, compared with N1,343.3202 on the previous trading day, according to a […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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