Naira Weakens to N1,678/$1 at Official Market, N1,735/$1 at Black Market

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By Adedapo Adesanya It was a bad day for the local currency at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, November 1, 2024, as its value weakened against the United States currency by 2.4 per cent or N39.37 to N1,678.87/$1 from the preceding day’s N1,639.50/$1. This poor performance of the Nigerian currency occurred […]

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