The naira continued its depreciation against the dollar at the official foreign exchange market on Tuesday.
Data from the Central Bank of Nigeria, CBN, showed that the naira weakened further to N1,350.86 per dollar on Tuesday, compared with N1,349.34 recorded the previous day.
This means that the naira depreciated by N1.52 on a day-to-day basis at the official foreign exchange market.
Meanwhile, at the parallel market, the naira appreciated to N1,421 per dollar on Tuesday from N1,425 traded on Monday.
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