Naira depreciates further against dollar despite increased turnover …C0NTINUE READING HERE >>>
Nigeria’s local currency, the Naira, recorded a slight depreciation on Friday, trading at ₦1,652.25 against the American U.S. dollar at the official market.
This marks a loss of ₦2.05 or 0.12% compared to Thursday’s exchange rate of ₦1,650.20 per dollar, according to data from the FMDQ Exchange.
Despite this decline, the daily turnover at the official market saw a significant rise, climbing to $296.63 million on Friday from $214.73 million on Thursday.
At the Investor’s and…
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