As oil prices continue downtrend, the naira weakened 0.28 per cent to ₦361/$ at the Central Bank of Nigeria (CBN) official window on Tuesday.

Meanwhile, the local currency strengthened 0.74 per cent to ₦400/$ at the parallel market segment of the forex market.

Also, at the Investors and Exporters (I&E) forex window, Naira gained 0.06 per cent to close ₦380.53/$.