On Monday, the U.N Secretary General Antonio Guterres expressed deep concern over Israel’s recent announcement …
Read More »Naira drops N9 to N1,563/$1 on official exchange
The naira fell against the US dollar on the official exchange on Friday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency lost N9 to trade at N1,563/$1, up from N1,554/$1 recorded on Thursday. The intraday high and low prices recorded on the day were N1,586/$1 and N1,496/$1 respectively, indicating a very tight spread of …
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