The naira depreciated slightly against the dollar at the Nigerian Foreign Exchange Market (NFEM), dropping by 38 kobo to close at ₦1,535.61 per dollar, amid moderate pressure from corporate FX demand. According to the Central Bank of Nigeria (CBN), the naira traded within a narrow range of ₦1,530.00 to ₦1,537.00, signaling relative market stability despite … Continue reading Naira Dips Slightly As FX Demand Rises, But Market Remains Stable