Knowledge from the Central Financial institution of Nigeria, CBN, confirmed that the naira weakened to N1,334.72 in keeping with buck on Wednesday, down from N1,333.65 recorded on Tuesday.
Because of this the naira misplaced N1.07 towards the buck on a day by day foundation on the authentic foreign currency marketplace.
In the meantime, on the parallel marketplace, the naira remained unchanged at N1,375 in keeping with buck on Wednesday, the similar fee recorded yesterday.
The advance comes as the rustic’s international reserves rose additional to $55.13 billion, consistent with CBN knowledge as of October 20, 2026.