There is a palpable sense of fear that, beyond the security challenges that have long …
Read More »Naira depreciated by N7.01 to the dollar in the official window
The Nigerian currency, Naira, continued her stagnation in the US dollar on the official market on Wednesday. Nigerian central bank data (CBN) shows that Naira is traded N1, 590.74/$ 1 compared to N1, 583.73/$ 1 for Tuesday. This is the loss of N7.01 for local currencies. In the black market, Naira lost N5 to the dollar to be traded in …
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