Capital Market FeaturedNaira weakens further as dollar sells for 478Our Reporter November 19, 2020 by Our Reporter November 19, 20200632 The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478. The local currency, which traded
Capital Market FinanceNaira weakens further despite CBN’s interventionOur Reporter July 27, 2020 by Our Reporter July 27, 20200555 Naira depreciated to new lows across many markets as continuing Central Bank of Nigeria (CBN)’s intervention failed to stem the fall of the Nigerian currency