Naira drops against dollar on official, black markets

The naira dipped against the dollar in both official and parallel foreign exchange markets on Tuesday. FMDQ data showed that the naira weakened further for the second time this week, falling to N1,552.78 per dollar on Tuesday from N1,550.05 on Monday. This indicated a slight depreciation of N2.37 against the dollar compared to the previous [...]Naira drops against dollar on official, black markets

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