Naira weakened further against the U.S. dollar at the parallel market on Thursday, extending a three-day fall that was triggered by the devaluation of the currency Monday.
Data on abokiFX.com, a website that collates parallel market rates, showed the local currency closed at N495.00 at the black market, a 0.41 per cent decline from N493.00 it traded on Wednesday.
The last time the currency closed at N495.00 was on December 1, 2020.
However, the naira gained for the second consecutive day against the U.S. dollar at the Investors and Exporters (I&E) window on…
