Naira weakens, sells at N305 to dollar

14 January 2016, Lagos – The naira, Wednesday, depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar, Tuesday, the parallel market exchange rate rose to an average of N305 per dollar across the country. Since Monday when the Central Bank of Nigeria (CBN) stopped […] More »