Nigerian Naira Depreciates Against Major Currencies, Central Bank Data Shows
The Nigerian Naira lost N2.52 against the US Dollar at the official window, closing at N454.38 compared to N451.86 the previous day. Additionally, the Naira depreciated by N10 against the British Pound, trading at N2,000 compared to N1,990.
Against the Euro, the Naira lost N5, trading at 1,715 compared to 1,710. The Central Bank of Nigeria's foreign exchange data revealed these fluctuations, indicating challenges in the Nigerian currency's stability.
Plus234Feed summary based on reporting from Ripples Nigeria. Read the original report below.
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