Naira Depreciates Marginally

The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official Investors and Exporters, I&E, window.

The exchange rate depreciated marginally by 0.04% to close at N416.67/$1 on Thursday, compared to N416.5/$1 recorded in the previous session.

Naira closed lower at N575/$1 on Thursday at the parallel market compared to N570/$1 recorded in the previous trading session.