Naira further depreciates, loses N3.32 against dollar at official market

The Naira depreciated on Wednesday at the official market, losing N3.32 to trade at N1,379.06 per dollar, representing a 0.24% loss compared to Tuesday's N1,375.74. After a gain of N1.92 on Monday, the Nigerian currency recorded its first loss of N7.47 on Tuesday and extended the loss into Wednesday. Data from the Central Bank of Nigeria's official website showed the decline.