The naira extended its downward slide on Tuesday, April 29, closing at ₦1,602.02 per US dollar at the official Nigerian Foreign Exchange Market (NFEM), according to data released by the Central Bank of Nigeria (CBN). This marks a further depreciation from Monday’s close of ₦1,596/$1, underlining persistent volatility and deepening pressure on Nigeria’s foreign exchange [...]The post Naira weakens further to ₦1,602.02/$1 at official market appeared first on National Daily Newspaper.
Don't miss out on breaking stories and in-depth articles.