Naira depreciates further to N1,530/$ at official market

Tribune OnlineNaira depreciates further to N1,530/$ at official marketThe Naira further depreciated to N1,530 per dollar at the official market on Wednesday, May 16th, 2024. In contrast, the Naira appreciated in the Nigerian Autonomous Foreign Exchange Market (NAFEM), rising to N1,459.02 per dollar. Data from FMDQ indicated that the indicative exchange rate for NAFEM decreased to N1,459.02 per dollar from Tuesday’s N1,520.4 per [...]Naira depreciates further to N1,530/$ at official marketTribune Online

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