Nigerian Naira Slumps by N0.99 Against Dollar at Official Window

The Nigerian naira experienced a decline against the US dollar at the official window, shedding N0.99 according to CBN foreign exchange data. The naira closed at N1 to $442.43, representing a loss of N3 compared to the previous day's rate.

However, the naira gained N20 against the British pound but remained flat against the Canadian dollar. Additionally, the naira lost N5 against the euro.

Babajide Okeowo was mentioned in the article.