Naira slips further as new month opens with renewed FX pressure

Nigeria’s currency began the new month on a weaker footing as the naira depreciated against the U.S. dollar across both the official and parallel foreign exchange markets on Monday. Fresh data released by the Central Bank of Nigeria (CBN) showed that the naira closed at N1,448.44/$ at the official window, compared to N1,446.74/$ recorded

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