For the first time since the new year, the Nigerian currency dropped against its American counterpart St the parallel market.
Investigations revealed that the Naira lost three points to the dollar as it closed at N493 to a dollar, against N490 it traded on Wednesday, January 4.
Also, the Pound Sterling and the Euro exchanged for N595 and N506, respectively.
Meanwhile, at the Bureau De Change (BDC) window, the Naira traded at N399 to a dollar as the Pound Sterling and Euro closed at N598 and N510 respectively.
Fortunately, it remained stable at the interbank window exchanging for N305.00 to the dollar.