Naira crashes, trades at N1,416/$1 at official window

The Nigerian currency, the naira, reversed the gains recorded on Monday, May 6, 2024 to crash to N1, 416/$1 on Tuesday, May 7, 2024 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. At the end of trading on Tuesday, the naira lost N62.36 against the dollar when compared to the previous exchange […]
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