By Adedapo Adesanya The Naira depreciated yet again against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, April 23, raising fears that the old days may have returned. Business Post reports that in the official FX market, the Nigerian currency lost 5.3 per cent or N65.66 against the greenback to close at N1,300.15/$1 compared with the previous day’s value of N1,234.49/$1, amid a rise in the value of forex transactions during the session. Data showed that the turnover for the trading session increased by $23.48 million or 21.3 per cent to $133.65 million from the
Naira Weakens Further to N1,300/$1 at Official FX Market
