The Nigerian naira continued its downward trajectory on Tuesday, depreciating against major foreign currencies in both official and parallel markets. According to official data released by the Central Bank of Nigeria (CBN), the naira closed at ₦1,606.64 per US dollar, compared to ₦1,605.62/$1 recorded on Monday. This marks a ₦1.02 depreciation of the local currency [...]The post Naira weakens further against Dollar, suffers losses across multiple currencies appeared first on National Daily Newspaper.
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