Naira slumps again at official window, sheds N3, appreciates at parallel market

For the second day, the Nigerian currency, the naira slumped against the dollar at the official foreign exchange market on Tuesday, February 4, 2025. FMDQ data showed that the naira slumped to N1,498.95/$1 on Monday, February 3, down from N1,495.60/$1 2025. This represents a loss of N3.35 for the local currency. However, at the parallel [...]The post Naira slumps again at official window, sheds N3, appreciates at parallel market appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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