Naira gains weekly despite slight Friday slip as reserves dip, oil prices fall

Apr 20, 2026 - 12:00
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Naira gains weekly despite slight Friday slip as reserves dip, oil prices fall
THE naira posted a weekly appreciation against the United States dollar across both the official and parallel foreign exchange markets, despite recording a marginal decline at the close of trading on Friday. Data from the Nigerian Foreign Exchange Market (NFEM) showed that the local currency closed at ₦1,342.50/$1 on Friday, April 17, compared with ₦1,341.01/$1 […]

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