Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has inaugurated the CBN Naira Ambassadors Club, which aims to encourage young Nigerians, particularly secondary school students, to respect and properly handle the Naira. The initiative seeks to promote currency protection among the youth, according to Vanguard Business.

New data from the Central Bank of Nigeria (CBN) indicates a significant increase of N17.4 trillion in federal government borrowing, which raises concerns about the growing public sector debt and the potential impact on private sector credit availability.

The Nigerian naira has depreciated by at least N9 against the United States dollar at the Central Bank of Nigeria's official foreign exchange window, according to Tribune Online.

The Central Bank of Nigeria (CBN) has intensified its liquidity sterilisation efforts, absorbing around N4.74 trillion from investors through three Open Market Operations (OMO) auctions held on June 22 and June 23, 2026. This move is part of the CBN's strategy to manage liquidity in the financial system during the final week of June 2026, according to Nairametrics.

The naira experienced its most significant daily decline since April, closing at N1,389 per dollar in the official foreign exchange market on June 24, 2026, according to Nairametrics.

On June 24, 2026, the Nigerian naira experienced its highest depreciation against the dollar in two weeks, according to data from the Central Bank of Nigeria. The official exchange rate reached N1,380.08 per dollar, marking a continued bearish trend for the currency in the foreign exchange market.