Naira Falls to 1,523 per Dollar in Official Market

On Monday, the naira experienced a decline in value in both the official and parallel markets. In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the naira dropped to 1,523.85 per dollar, down from its previous rate of 1,509.67. NAFEM facilitates forex trading for investors, exporters, and end-users at rates determined by current market conditions. The … Continue reading Naira Falls to 1,523 per Dollar in Official Market