Naira spilled N18 against the dollar in the official window

The Nigerian currency, Naira, released the N18 against the United States dollar on the official market on Thursday.

Data from the Central Bank Nigeria Bank (CBN) Foreign Exchange shows that Naira is traded N1, 629.93/$ 1 compared to N1, 611.55/$ 1 recorded on Wednesday.

This is the loss of N18.38 for local currencies.

In the black market, Naira closes flatly at N1.620/$.

Also read: Naira depreciated to N1.620/$ 1 in the Black Market, there is no official tariff

Naira lost the N10 to the British pound to be traded on N2,060/£ 1 compared to the previous day level N2,050/£ 1.

Canadian dollars still survive stable at N1.150/Ca $ 1.

Naira lost the N10 to Euro to trade in ₦ 1,730/€ 1 compared to the previous day ₦ 1,720/€ 1.

By: Babajide Okeowo

POS NAIRA released N18 against the dollar in the official window first appeared in the latest Nigeria News | The top story of Nigerian ripples.