Naira slumps massively, sheds N70, trades at N1, 670/$1 at official window

The Naira slumped massively against the American dollar at the official foreign exchange market on Monday, October 28, 2024, to begin the week on a negative note. The local currency traded at N1,670.65/$1 at the official window according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM). This indicated that the N1,670.65/$1 was N70.65 [...]The post Naira slumps massively, sheds N70, trades at N1, 670/$1 at official window appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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