Yesterday, the naira experienced a decline, reaching N1,260 per dollar in the parallel market, compared to the previous rate of N1,240 per dollar on Thursday. Simultaneously, in the Nigerian Foreign Exchange Market (NAFEM), the naira depreciated to N890.54 per dollar…..CONTINUE READING
According to data from FMDQ, the indicative exchange rate for NAFEM increased from N874.79 per dollar on Thursday to N890.54 per dollar, reflecting a depreciation of N15.75 for the naira.
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