Transactions involving the sale of dollars by Deposit Money Banks and other entities at the Nigeria Autonomous Foreign Exchange Market (NAFEM) saw a significant decline, plummeting by $252 million to $84.1 million on Friday. This notable drop marks a 74 percent decrease from the $331.1 million recorded in transactions at the official Nigeria Autonomous Foreign … Continue reading Naira Weakens as Banks’ Dollar Sales Plummet by $252m