Data from the Central Bank of Nigeria, CBN, confirmed that the naira weakened additional to N1,348.74 per greenback on Thursday, in contrast with N1,347.79 recorded on Wednesday.
This implies that, on a day-to-day foundation, the naira depreciated by N0.95 against the greenback on the official FX market.
Similarly, on the parallel market, the naira weakened to N1,410 per greenback on Thursday, in contrast with N1,400 traded the day gone by.
Ibrahim Sabo is an SEO expert and blogger from Yola, Adamawa State, Nigeria. He writes for NewsTime, where he covers news and trending stories with a focus on clear, accurate reporting that readers can trust. With hands-on experience in search engine optimization, Ibrahim understands how to make quality content easy to find. He combines keyword research, on-page optimization and audience-focused writing to help stories reach the people who need them. When he isn't writing or optimizing content, Ibrahim enjoys keeping up with the latest trends in digital publishing and sharing practical SEO knowledge with fellow bloggers.
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