The Naira on Tuesday, April 16, dropped to N1,100 per dollar in the parallel market, from N1,080 on Monday.
Similarly, in the Nigerian Foreign Exchange Market (NAFEM), the Naira also declined to N1,148.14 per dollar.
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,148.14 per dollar from N1,136.04 per dollar on Monday, indicating N12.1 depreciation for the naira.
