Naira Weakens at Official Market, Banks Sell $584 Million

The official Nigeria Autonomous Foreign Exchange Market witnessed a surge in foreign exchange transactions, hitting $584 million, as reported by data from the FMDQ Exchange on Tuesday. This marks a significant increase from the previously recorded daily transaction of $440 million on the platform. Simultaneously, the national currency experienced a decline against the United States … Continue reading Naira Weakens at Official Market, Banks Sell $584 Million