The naira depreciated further at the official foreign exchange window, marking its seventh consecutive session of losses against the United States dollar amid persistent FX outflows. At the Nigerian Foreign Exchange Market (NFEM), the local currency weakened by ₦3.70 to close at ₦1,359.81/$1, compared with ₦1,356.11/$1 recorded previously, according to data released by the Central … Continue reading Naira Extends Losses To Seventh Session Despite CBN Intervention