Naira’s slump continues, sheds N14.63 against dollar at official FX market

The Nigerian currency, the naira, continued to slump against the American dollar at the official window on Monday. At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,378.02/$1, compared to N1,363.39/$1 on Friday. This represents a loss of N14.63 for the local currency against the

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