Naira slumps marginally against dollar, trades N1, 483/$1 at official window

The Naira slumped marginally against the United States dollar in the first official trading session after the Eid-El-Kabir holidays on Wednesday.

Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded at N1, 483.02/$ in today’s trading.

This was N1 higher than the N1, 482.72/$1 it recorded on Friday.