The Nigerian naira, on Tuesday, May 7, 2024, depreciated at the official market, trading for N1,416.57 to 1 dollar.
This indicates a 4.60 per cent loss when compared to the previous trading date which was exchanged at N1,354.21 to a dollar on Monday.
However, at the Investors and Exporters (I&E) window, the naira traded between N1,445 and N1,301 against the dollar.