Naira Hits Record Low at N1348/$ on Official Window

The Nigerian naira experienced a historic low on the official window, trading at N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market, marking a significant 51.21% drop from the N891.90/$ recorded at the close of the official market last Friday. This new exchange rate represents the worst official rate since the Central Bank of Nigeria adopted … Continue reading Naira Hits Record Low at N1348/$ on Official Window