Naira slips to N1,389/$ as external reserves drop $850m in three weeks

Nigeria’s currency came under renewed pressure on Tuesday, weakening to N1,389 per dollar as the country’s external reserves declined by approximately $850 million within three weeks, according to fresh data published by the Central Bank of Nigeria (CBN). The figures show that external reserves fell to $49.18 billion between March 11 and April 2, 2026,

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