Nigerian Naira Depreciates by N2.34 Against US Dollar, Stable Against Others

The Nigerian Naira weakened by N2.34 against the US Dollar at the official window, closing at N1,457.51 compared to N1,455.17 the previous trading day. The Naira remained stable against the American Dollar at N1,500.1, gained N5 against the British Pound at N2,020.1, closed flat against the Canadian Dollar at N1,200, and lost N25 against the Euro at 1,730.1.

The Central Bank of Nigeria (CBN) foreign exchange data revealed these fluctuations in the Naira's value against major currencies.