Reuters ahead with Nigeria currency reporting

Reuters was well ahead in reporting that Nigeria had let the naira weaken to a record low against the dollar on the official market. Having traded within a band of 380 and 381 to the dollar since July last year, the naira hit a record low of 419.75 against the dollar on the news, and closed at 411.25. Following the Reuters report, the central bank removed the exchange rate from its website, restoring it days later with the revised figure.