Data from the Central Bank of Nigeria, CBN, showed that the naira weakened further to N1,344.40 per dollar on Thursday, compared with N1,334.72 recorded on Wednesday.
This means the naira depreciated by N9.68 against the dollar on a day-to-day basis, marking its highest depreciation this week.
Similarly, the naira weakened at the black market to N1,377 per dollar on Thursday, compared with N1,375 traded on Wednesday.
Meanwhile, the country’s foreign reserves stood at $55.15 billion, according to the latest foreign exchange data from the apex bank.
