The Naira, which opened the trading week on Monday with a gain of N1.92 at the official market, recorded its first loss of N7.47 on Tuesday.

The Naira opened the trading week stronger on Monday, appreciating by N1.92 against the United States dollar at the official foreign exchange market.

The naira weakened to N1,410 per dollar in the parallel market, popularly known as the black market, on Monday as renewed demand for foreign