WIRE — The naira recorded its first depreciation against the US dollar at the official foreign exchange market on Wednesday. Data from the Central Bank of Nigeria (CBN) showed that the naira weakened to N1,363.85/$1 on Wednesday from N1,362.55/$1 recorded on Tuesday. This means that, on a day-to-day basis, the naira depreciated by N1.30 against the dollar, Dollar to Naira exchange rate today, August 5, 2026: Nigerian naira records first depreciation against US dollar
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