The Nigerian currency fell to the N2135-N2150 bandwidth against a resurging British pound Sterling, which rose to a new high against the greenback.
Currency traders remained slightly cautious as they awaited the Bank of England’s rate decision on Thursday.
The British central bank is widely expected to hold borrowing costs at 4.25% on Thursday, after indicating a slow and measured loosening path following the 25-basis-point cut agreed in May.
