The naira depreciated by ₦5.60 against the US dollar in the official foreign exchange market on Monday, closing at ₦1,448.0304 amid renewed demand pressures. A daily trading update from the Central Bank indicated that the currency fluctuated between ₦1,450.25/$ and ₦1,440.00/$ during the session, reflecting tighter supply conditions. According to a report by AIICO Capital, … Continue reading FX Daily: Naira Weakens By ₦5.60 Against Dollar As Demand Persists