
The Naira closed at N1,450.42 per US dollar on Friday, marking a N2.60 loss for the week at the official foreign exchange market.
- This represents a 0.17% depreciation from Thursday’s rate of N1,447.82.
- Earlier in the week, the Naira also declined gradually:
- Wednesday: N1,447.64 (0.1% drop)
- Tuesday: N1,445.39 (0.2% drop from Monday’s N1,448.43)
- The trend reflects persistent pressure on the Naira, as demand for dollars continues to exceed supply in the official window.
Analysts note that modest daily fluctuations have become a common feature of the Nigerian foreign exchange market in recent months.


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