The naira has continued to depreciate as the dollar shortage gets worse. The naira started trading at $1,175/$ and ended the day at $1,190/$ on the parallel market. The naira had previously traded at 1,100/$ on the black market two weeks prior. According to data received from the FMDQ, it sold at 808.28/$ at the … Continue reading Naira Drops Further, Sells At 1,190 To A Dollar