The Nigerian naira recorded fresh losses at the official foreign exchange window, underscoring persistent pressure in the currency market as demand for U.S. dollars continued to outweigh available supply despite ongoing intervention by the Central Bank of Nigeria (CBN). At the Nigerian Foreign Exchange Market (NFEM), official data showed that the naira depreciated by 0.16 … Continue reading Naira Weakens At Official And Parallel Markets Despite Ongoing FX Intervention