Naira Records Another Drop Against Dollar Highest Depreciation Since May, 2024
Nigeria’s currency the naira has recorded the highest depreciation against the dollar since May 13, 2024. FMDQ data showed that the naira weakened to N1520.24 against the dollar on Thursday from N1512.61. This represents N7.63 depreciation against the dollar compared to the N1512.61 traded the previous day. This is coming despite the increase in FX…

