US EditionNaira Depreciates Against Dollar at Black Market
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Naira depreciates against dollar at black market
Nigeria’s currency, the naira, recorded depreciation against the dollar at the parallel foreign exchange market to end the week on a negative note.Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, confirmed that the naira dropped to N1,628 per dollar on Friday from N1,623 traded on Thursday.“We buy at N1,624 per dollar and sell between N1,628 and N1,630 per dollar due to a surge in demand,” he told newsmen on Friday.This means t…
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