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The Nigerian currency, the naira, slumped against the American dollar at the official window on Wednesday.
The Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,455.49/$1, as against the N1,455.08/$1 it traded on Tuesday.
This represents a loss of N0.41 for the local currency against the American greenback.
The naira lost N5 against the dollar to trade at N1,500/$1, as against the previous day’s rate of N1,495/$1.
The local currency also lost N20 against the British Pound to trade at N2,010/£1 as against the previous day’s rate of N1,990£1.
READ ALSO; Naira sheds N5 against dollar at black market
The naira closed flat against the Canadian dollar to trade at N1,250/CA$1.
It lost N10 against the Euro to trade at ₦1,730/€1, as against the previous day’s rate of ₦1,720/€1.
Babajide Okeowo
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