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  1. Today's Naira Rate[12-07-2014]: Naira Plummets to July Low of N1,563.80/$1 Despite Central Bank Interventions

    Nigeria Today's Naira Rate[12-07-2014]: Naira Plummets to July Low of N1,563.80/$1 Despite Central Bank Interventions

    Despite Central Bank efforts, Nigerian naira hits July low at N1,563.80/$1 amid declining FX turnover. Recent CBN sales of $122.67 million failed to stabilize rates, highlighting ongoing economic challenges. In a concerning development, the Nigerian naira experienced a significant depreciation...
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