Naira depreciates to N303/$ as dollar scarcity intensifies

27  January 2016, Lagos — The Naira depreciated against the dollar by N4 in the parallel market, yesterday, in response to intense scarcity of dollar in the market. Vanguard survey of parallel market exchange rate in major cities shows that the Naira depreciated to N303 per dollar in Lagos from N299 last week, while in Abuja […] More »