Naira at lowest level in 43 years, now N305/dollar

14 January 2015, Lagos —The financial sector appears to have entered a heightened pressure, as both the foreign exchange and stock market sustained major negative trends. The Naira depreciated further to a 43-year low at N305 per dollar as scarcity of dollars intensified in the unofficial market. From an average of N287 per dollar on […] More »