Nigeria’s Naira made some loss in the parallel market, closing at N1,630/$1 on Friday, May 30, 2025.
It had spent several days of relative stability at N1,620/$1.
The local currency also weakened against the British pound, closing at N2,190/£1 on Friday, compared to N2,170/£1 on Thursday and N2,165/£1 on Wednesday.
In contrast, the previous week saw the Naira appreciate in the parallel market, rising to N1,620/$1 on Thursday from N1,625/$1 on Wednesday, maintaining that level from Tuesday.