Naira trades N1,482/$1 at official window

The naira depreciated against the United States dollar on Friday to trade at N1, 476.24/$1.

Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that naira lost N6 against the dollar after trading at N1,482.72/$1 as against the N1,476.24/$1 recorded the previous day.

The intra-day high and low recorded during the day were N1, 490/$1 and N1, 390/$1 respectively, representing a very lean spread of N100\$1.

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