The Naira depreciated further against the United States dollar at the unofficial market on Wednesday, market data collated from currency dealers in the country revealed.
As at 3:00 p.m. Nigerian time, the local currency is being exchanged at N1,030 per $1 at the Abuja Zone 4 market.
The rate implies a N5.00 depreciation from N1,025 per $1 rate it was exchanged in the previous session on Tuesday.