The Naira depreciated against the Dollar on Friday at the foreign exchange market.
According to FMDQ data, the Naira depreciated to ₦1483.99 to Dollar on Friday from ₦1481.49 traded on Thursday.
This represents an ₦2.5 depreciation.
Similarly, at the parallel market, the Naira depreciated to ₦1,495 against the dollar on Friday from ₦1,485 on Thursday.
The developments come despite the foreign exchange transaction turnover increasing to $269.27 million on Friday from $213.31 million on Thursday.
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