The Nigerian naira depreciated to ₦1,465 against the U.S. dollar on Friday as heightened demand for foreign currency outpaced available supply in the country’s official foreign exchange (FX) market. Despite the temporary slip, financial analysts maintain a broadly positive outlook for the local currency, supported by the Central Bank of Nigeria’s (CBN) ongoing interventions and … Continue reading Naira Falls To ₦1,465 Per Dollar Amid Rising Demand In Nigeria’s FX Market