The Nigerian naira faced a significant decline against the United States dollar on Monday, with the official exchange rate reaching N1,234, according to data from the FMDQ securities exchange. This marked a notable drop of N65 or 5.26% from the previous rate of N1,169.99/$1 recorded on Friday. Earlier optimism among traders, who anticipated the naira’s … Continue reading Naira Falls to N1,234/$ as Speculators Return to Forex Market