Nigerian Naira Depreciates by N4.59 Against Dollar at Official Window

The Nigerian Naira depreciated by N4.59 against the US Dollar at the official window on Monday, as reported by the Central Bank of Nigeria. The Naira closed at N470.26 to $1, compared to N465.67 to $1 on the previous trading day.

Additionally, the Naira lost N40 against the US Dollar, trading at N1,500 to $1. It also lost N35 against the British Pound and N30 against the Euro.

The Naira remained flat against the Canadian Dollar.