The naira strengthened against the US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), closing at N1,328.00/$ on 23
The Nigerian naira came under renewed pressure today as the official NAFEM dollar rate climbed to ₦1,425 per US dollar,
The naira extended its upward momentum, appreciating to N1466/$ at the official window, according to data from the Central Bank
In a concerning development for Nigeria’s economic landscape, the Naira has plummeted to a three-week low, concluding at N1,488.60 per
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