The Naira yesterday depreciated to N1,407 per dollar in the parallel market from N1,400 per dollar last week Friday.

The Naira yesterday depreciated to N1,407 per dollar in the parallel market from N1,400 per dollar last week Friday.

Nigeria's naira weakened to about 1,407 per US dollar on the parallel market, extending mild slippage as traders awaited the US Federal Reserve's rate decision.