The Naira weakened against the dollar at the official market on Monday, closing at N1,495.60 per dollar, according to data from the FMDQ Security Exchange.
This marks a depreciation of N20.82, representing a 1.4% decline from the previous trading day on Friday, January 31, when the currency closed at N1,474.78 per dollar.
The decline highlights continued volatility in the foreign exchange market as demand for the dollar remains high.
