Naira continues downward slide, hits N1,520.40 to dollar

Dollar and naira

The value of the naira continued its decline on Tuesday, depreciating further at both the Nigeria Foreign Exchange Market (NAFEM) and the parallel market. Closing at N1,520.40 to the dollar at the official end of the market, the naira experienced a downward slide from its Monday rate of N1,478.11 to the dollar. Similarly, on the … Read more