Naira Reverses Earlier Gains, Drops to N1,745/$1
The Naira has suffered a fresh setback, reversing its recent gains and sliding back to around N1,745/$1 on the parallel market. The sharp reversal comes after the naira had briefly touched sub-N1,600 levels at the end of last week. The exchange rate had earlier been quoted at around N1,685/$1. However, as business activities resumed fully, … Read more