Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
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The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.