Naira depreciates to N428 to a dollar

The Nigerian currency yesterday depreciated against the three major currencies in all the segments of the Forex market.

The Naira fell at the parallel market to N428 against the dollar, N550 against the Pound Sterling and N468 per Euro.

The currency had exchanged for N424, N550 and N471 against the dollar, pound sterling and the euro, respectively on Tuesday.