Naira falls heavily against dollar at official market

The Nigerian currency, Naira, depreciated heavily against the United States dollars at the official market on Thursday, IgbereTV reports

After trading activities on Thursday, Data from FMDQ Securities showed that Naira exchanged for the US dollar at N430.25.

This was a N1.5 or 0.34 percent loss when compared to the N428.75 for the last two days.

During the day’s trade, Naira was exchanged for N444/$ dollar