Naira records first depreciation against dollar on black market

The naira recorded its first depreciation in the parallel foreign exchange market on Wednesday since the start of the week.
A Bureau de Change operator at Wuse Zone 4, Abuja, told DAILY POST that the naira fell to N1,490 per dollar on Wednesday, from N1,485 traded on Tuesday, losing N10.
Meanwhile, in the official market, the naira stood at N1,495.91 per dollar on Tuesday, as the Central Bank of Nigeria has yet to release its FX data for Wednesday.
DAILY POST reports that the naira had sustained its gains against the dollar on Monday and Tuesday across FX markets.
 
Naira records first depreciation against dollar on black market