The Nigerian naira has continued to weaken in the foreign exchange (FX) market due to an ongoing shortage of U.S. dollars and increasing demand for international transactions. According to data from the FMDQ platform, the naira depreciated by 0.19%, closing at N1,512.58 per dollar. The Nigerian Foreign Exchange Market (NFEM) has been experiencing a persistent … Continue reading Naira Declines In Foreign Exchange Markets Due To Dollar Shortage