Naira crumbles in official market, trades at N1,498.98/$

Tribune Online
Naira crumbles in official market, trades at N1,498.98/$

The Naira depreciated in the official market on Monday, trading at N1,498.98 to a Dollar. Data from the Central Bank of Nigeria (CBN) showed that Naira lost N6.49. This represents a 0.43 per cent decline compared to Friday, Feb. 28, when it closed at N1,492.49 to the Dollar. The loss followed a three-day appreciation…