Naira Falls to N1,536/$1 at NAFEM, Unchanged at N1,655/$1 at Black Market

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By Adedapo Adesanya The Naira recorded a 0.16 per cent or N2.53 depreciation on the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, January 6 to close at N1,536.58/$1 compared with last Friday’s price of N1,534.05/$1. However, in the same market segment, which is the official market, the domestic currency traded […]

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