Naira Shed N0.70 to be traded on N1.604.48/$ 1 in the official window

Nigerian currency, Naira depreciated a little of the US dollar on the official market on Monday, April 14, 2025.

According to Nigerian Central Bank data (CBN), Naira declined to N1.604.48/$ 1 from N1, 603.78/$ 1 which was traded on Thursday, April 10, 2025.

This is the loss of N0.70 for local currencies.

In the black market, Naira got an N5 to trade at N1.615/$ 1 compared to the previous day level N1, 620/$ 1.

Also read: Naira Sheds N18 Against Dollars in Official Windows

Naira closes flatly against the British pound to trade at N2,070/£ 1 is the same as the previous day level N2,070/£ 1.

Canadian dollars still survive stable at N1.150/Ca $ 1, the same as the previous day level N1.150/Ca $ 1.

Naira lost the N10 to the Euro to trade in ₦ 1,750/€ 1 compared to the previous day level ₦ 1,740/€ 1.

By: Babajide Okeowo

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