Naira Crashes Against Dollar, As CBN Announces New Exchange Rates For 11 Currencies

The Nigerian currency, the naira, reversed some of its gains as its value weakened further against the US dollar. Data obtained from the Central Bank of Nigeria showed that in the Nigerian Foreign Exchange Market (NAFEM) on Monday, February 23, the naira fell by N2.92 or 0.22% to N1,349.24/$1 from N1,346.32/$1 recorded last Friday. Similarly, […] The post Naira Crashes Against Dollar, As CBN Announces New Exchange Rates For 11 Currencies appeared first on The Capital NG.

  Business   Feb 24, 2026   0   18  Add to Reading List
Naira Crashes Against Dollar, As CBN Announces New Exchange Rates For 11 Currencies

The Nigerian currency, the naira, reversed some of its gains as its value weakened further against the US dollar. Data obtained from the Central Bank of Nigeria showed that in the Nigerian Foreign Exchange Market (NAFEM) on Monday, February 23, the naira fell by N2.92 or 0.22% to N1,349.24/$1 from N1,346.32/$1 recorded last Friday. Similarly, […]

The post Naira Crashes Against Dollar, As CBN Announces New Exchange Rates For 11 Currencies appeared first on The Capital NG.

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