Medical, School Fees, Mount Pressure On FX Market, Naira Slides Further

By
NigeriaDNA
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The Naira has depreciated by 2.5 per cent in one month as pressure from invisible transactions like school fees and medical allowances have destabilised the foreign exchange market.

Between August 1, 2024 and August 30,2024, the currency lost N40 despite the Central Bank of Nigeria intervention.

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