The House of Representatives has approved the $516.3 million syndicated loan requested by President Bola …
Read More »Naira drops another N9, drops to N1,523/$1 on official exchange
The naira continued its decline against the US dollar on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N9 to trade at N1,532/$1 on the official exchange today. This is higher than the N1,523/$1 traded on Monday. The intraday high and low prices recorded on the day were N1,555/$1 and N1,465/$1 …
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