RipplesNigeria
The Nigerian currency, the naira, slumped against the American dollar at the official window on Tuesday. The Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,545.26/$1 as against the N1,544.62/$1 it traded on Monday. This represents a loss of N0.64 for the local currency against the American greenback…
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Naira sheds N0.64 against dollar at official window
The Nigerian currency, the naira, slumped against the American dollar at the official window on Tuesday. The Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,545.26/$1 as against the N1,544.62/$1 it traded on Monday. This represents a loss of N0.64 for the local currency against the American greenback…