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Naira Declines Again as Exchange Rate Hits N1,498.98 Per Dollar Amid Market Volatility

Naira Declines Again as Exchange Rate Hits N1,498.98 Per Dollar Amid Market Volatility

The Nigerian Naira took another hit in the official foreign exchange market, trading at N1,498.98 to a Dollar on Monday. The latest figures from the Central Bank of Nigeria (CBN) confirm a depreciation of N6.49, representing a 0.43 percent decline compared to Friday’s closing rate of N1,492.49. The setback comes after the Naira recorded a … Read more

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