Lagos, May 8, 2024 -The Nigerian currency, Naira, further depreciated to N1,415 against the dollar at the black market on Tuesday from N1,410 on Monday.
It also depreciated at NAFEM, the official segment of the foreign exchange market, on Tuesday to N1,416.57 against the dollar from N1,354.21 on Monday.
The margin between the parallel market exchange rate and NAFEM rates, however, narrowed on Tuesday to N1.57 from N55.79 on Monday. (GBN)
