The House of Representatives has approved the $516.3 million syndicated loan requested by President Bola …
Read More »Naira’s Sheds N5.24 against the dollar in the official window
The Nigerian currency, Naira, depreciated the US dollar in an official window on Thursday. Nigerian central bank data (CBN) shows that Naira is closed on N1, 525.98/$ 1 compared to N1, 520.74/$ 1 which is traded on Wednesday. This is the loss of N5.24 for local currencies against American Greenback. In the black market, Naira obtained an N2 to the …
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