The Naira has failed to put a stop to its ongoing free fall against the US Dollar.
FMDQ data showed that the naira weakened to ₦1,500.79 against the dollar on Tuesday from ₦1490 traded on Monday.
This represents ₦10.79 loss against the dollar compared to the N1,490 traded the previous day.
Meanwhile, at the parallel market, the naira maintained its rate of ₦1,505 against the dollar.
The development comes as foreign exchange turnover transactions declined further to $136.75 million on Tuesday from $152.00 million the previous day.
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