Naira weakens to ₦1,367 per dollar as turnover falls

Key PointsThe naira weakens to ₦1,367.61 per dollar at the Nigerian Foreign Exchange Market, from ₦1,361.84 at Friday’s closeInterbank foreign exchange turnover falls to $614.25 million across 201 deals, compared with $1.01 billion across 315 deals on FridayNigeria’s foreign reserves rise to approximately $55.2 billion, while the parallel-market dollar rate remains at ₦1,370