RipplesNigeria
The Nigerian currency, the naira, depreciated further against the American dollar at the official window on Thursday. The Central Bank of Nigeria (CBN) foreign exchange data.showed that the naira closed at N1,498.97/$1, as against N1,494.01/$1 it traded on Wednesday. This represents a depreciation of N4.96 for the local currency against the American greenback…
Read More
Naira sheds N4.96 against dollar at official window
The Nigerian currency, the naira, depreciated further against the American dollar at the official window on Thursday. The Central Bank of Nigeria (CBN) foreign exchange data.showed that the naira closed at N1,498.97/$1, as against N1,494.01/$1 it traded on Wednesday. This represents a depreciation of N4.96 for the local currency against the American greenback…