Naira Falls Further Against Dollar Again After Appreciating For Two Days on Parallel Market
The Nigerian naira has continued its downward slide against the US dollar, with rates in the parallel market soaring to N1,745 per dollar. This marks a sharp reversal from the sub-N1,600 levels recorded earlier, raising concerns about the currency’s stability. On Wednesday, unofficial market rates fluctuated, with some platforms quoting N1,715 while others listed prices…