Naira falls at black market as CBN formally adjusts official rate
Naira depreciated against the US dollar on Tuesday at the official NAFEX window to close at N411.56 to a dollar.
Naira depreciated against the US dollar on Tuesday at the official NAFEX window to close at N411.56 to a dollar.
The central bank of Nigeria has devalued its official exchange rate from N307/$1 to N360/$1.
The exchange rate between the naira and dollar depreciated to N364/$1 on Friday from N363.50/$1 as the price of oil ...