- Nigeria’s naira fell to its lowest level since March as it carried over its losing streak into its fourth day
- According to FMDQ, at Friday’s official close, the value of the naira to the US dollar was 1,563.8
- Experts hailed the central bank for addressing naira liquidity access and tightening monetary policy
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.
Despite central bank intervention, Nigeria’s naira continued its losing streak into its fourth day and dropped to its lowest level since March due to seasonal demand for dollars and persistent investor uncertainty.