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Naira slips at official market

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Naira closed at N416.67 per $1 at the close of business Thursday, which implies a N0.17 or 0.04 per cent decrease from N416.50 it...

recorded a slight dip against the U.S dollar at the official market on Thursday, a day after the domestic unit appreciated at the Nafex window.

Naira closed at N416.67 per $1 at the close of business Thursday, which implies a N0.17 or 0.04 per cent decrease from N416.50 it exchanged on Wednesday, data posted by FMDQ where forex is officially traded showed.

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It will continue to slip until one dollar for one thousand

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