Naira Slumps to N1,610/$1 at NAFEM, N1,620/$1 at Parallel Market

By Adedapo Adesanya The Naira further depreciated against the United States Dollar by 0.22 per cent or N3.55 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, May 7. During the trading session, the exchange rate of the domestic currency and the greenback ended at N1,610.46/$1, in contrast to the previous day’s value of […]

  Business   May 8, 2025   0   1  Add to Reading List
Naira Slumps to N1,610/$1 at NAFEM, N1,620/$1 at Parallel Market
By Adedapo Adesanya The Naira further depreciated against the United States Dollar by 0.22 per cent or N3.55 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, May 7. During the trading session, the exchange rate of the domestic currency and the greenback ended at N1,610.46/$1, in contrast to the previous day’s value of […]
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