Naira Hits Record Low on Official Market

The Nigerian naira experienced a significant downturn on the official Nigerian Autonomous Foreign Exchange Market, plummeting to an all-time low of N1,534 against the US dollar on Monday. This marks a notable decline of 3.93%, representing a decrease of N58 from the previous closing rate of N1,476.13/$ observed last Friday, as reported by FMDQ Exchange, … Continue reading Naira Hits Record Low on Official Market