Naira Weakens to N1,668/$ in Parallel Market Amid Mixed Official Performance

The Nigerian Naira has experienced a significant drop in the parallel market, depreciating to N1,668 per dollar, compared to N1,600 per dollar the previous day. This marks a noticeable decline in the currency’s value within the informal trading segment. Conversely, in the official foreign exchange market, the Naira showed signs of recovery, appreciating to N1,534.6 […]