Naira weakens further amid forex market volatility, hits N1,625/$1

The Nigerian naira continued its downward trend against the US dollar on Wednesday, September 4, 2024, with the official exchange rate reaching N1,625/$1. This marks a N14 depreciation from the previous day’s rate of N1,611/$1, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM). The naira’s performance in the forex market [...]The post Naira weakens further amid forex market volatility, hits N1,625/$1 appeared first on National Daily Newspaper.

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