Naira Marginally Depreciates to ₦1,380.93 Against Dollar

The Naira recorded a marginal depreciation in the official foreign exchange market, closing the week at ₦1,380.93 to the dollar. This represents a loss of 82 kobo, equivalent to a 0.05% decline compared to Thursday's rate of ₦1,380.10.

The currency opened the week on a positive note, trading at ₦1,369.10 on Monday, June 22, but subsequently depreciated to ₦1,370.63 on Tuesday and further weakened to ₦1,380.07 on Wednesday. The data was published on the official website of the Central Bank of Nigeria, reflecting ongoing fluctuations in the currency's value.