FX market harmonisation: Naira depreciates by 215% in one year

Since the harmonisation of the foreign currency market segments in Nigeria one year ago, the naira has depreciated by about 214.64 per cent against the dollar. At the close of trade on Friday, the naira stood at N1482.72 to a dollar, compared to the N471/$ it was a year before. The statement from the CBN

Read More