The naira weakened 0.44 per cent to N453 to a dollar on Tuesday from N450/$ the previous day at the parallel forex market.

It, however, appreciated 0.13 per cent the Investors and Exporters (I&E) forex window, having opened at N387.38, traded high at N391.29 and eventually closed at N386.00.

A total of $14.27 million was transacted through the I&E window.

The naira at the official window closed unchanged at 361.00/$1, against the previous day’s position.