Naira Edges Lower Midweek as FX Reforms Anchor 2026 Outlook

Thenews_chronicle | 08-01-2026 10:32pm |

The naira recorded a mild pullback at the official foreign exchange window midweek, closing at N1,421 to the dollar on Wednesday, according to data from the Central Bank of Nigeria. The movement followed a relatively tight trading range earlier in the week, with the currency exchanging at N1,416 on Tuesday and N1,428 on Monday.

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