Naira Weakens Again In Parallel FX Market

The Nigerian naira has once again depreciated in the foreign exchange market, trading at N1,590 per US dollar on Wednesday. According to market checks, this marks the second consecutive day that the naira has lost value. The depreciation is largely attributed to the ongoing shortage of foreign exchange (FX) in the official market, which has … Continue reading Naira Weakens Again In Parallel FX Market