Nigeria: Naira depreciates by 0.17% against dollar — Africa Links 24

The naira on Friday experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar.

Data obtained from the website of the Central Bank of Nigeria, CBN, showed that the Naira lost N2.73.

This represents a 0.17 per cent loss when compared to N1,525.82 recorded on Thursday.

The Naira, which opened the week on Monday with a gain of N9.52 against the dollar, held steady gains until Thursday.

On Wednesday, the local currency gained N3.42 against the dollar…