The Nigerian naira faced a decline against the U.S. dollar on Tuesday, reversing its gains from the previous day at both the official and parallel markets. Official market data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) revealed a 9.73% depreciation, closing at N830.97 to a dollar by the end of Tuesday’s business activities. This … Continue reading Naira Depreciates Against Dollar, Recording an Intraday High of N1,121