Nigeria’s Naira weakened across official and unofficial markets as dollar shortages linger on Tuesday and Wednesday on the foreign exchange (FX) market
On Wednesday, Naira fell to N1,150 per dollar, losing 0.43 per cent over N1,145/$1 on Tuesday at the parallel market, also known as the black market. Some street traders bought dollars at N1,145 and sold at N1,150. “There is dollar, but demand is high”, said aboki, a foreign currency trader based in Lagos. At the […]