There is a palpable sense of fear that, beyond the security challenges that have long …
Read More »Naira drops N14 to N1,639/$1 on official exchange
The naira fell further against the US dollar on the official exchange on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency fell by N14 to N1,639/$1, up from N1,625/$1 traded at the official window the previous day. The intraday high and low prices recorded on the day were N1,650/$1 and N1,410/$1 respectively, representing a …
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