Nairavoice
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This means that the Naira dropped by N1.49 against the dollar on a day-to-day basis. DAILY POST reports that this is the first Nigerian currency decline since this week.
Meanwhile, at the black market, the Naira remained stable at N1395 per dollar on Thursday, the same rate exchanged on Wednesday.
The development comes amid the continued surge in the country’s foreign reserves, which stood at $49.96 billion as of June 3, 2026.
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