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Business News

Naira Weakens to N1,611/$1 at Official Market, N1,635/$1 at Black Market

redesign Naira Notes

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By Adedapo Adesanya The Naira depreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, September 3 by 1.61 per cent or N25.57. Business Post reports that the Nigerian currency was exchanged with the US currency during the session as N1,611.34/$1, in contrast to the preceding day’s rate of N1,585.77/$1. […]

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