Nigeria’s unit of exchange, Naira, fell marginally against the U.S dollar at the I&E window of the foreign exchange market on Tuesday, dipping to N410.50 to a dollar. This, data posted on the FMDQ Security Exchange showed, however, remained stable at the black market. Naira, Africa’s most populous country’s currency closed at N410.50 at the trading session of the I&E window, this represents N1.20 or 0.29 per cent devaluation from N409.30 the rate at which it closed at the previous session on Thursday, last week. The local unit experienced an…
Read MoreNaira falls at official market, Slides to N410.50 per $1
