Tag: Nigerian Interbank Market

Naira Falls Most in Three Weeks on Dollar Shortage: Lagos Mover

The naira weakened for a second day on the Nigerian interbank market, heading for its biggest fall in three weeks, as import demand for dollars exceeded supply. The currency of Africa’s top oil producer fell 0.4 percent to 158.18 a dollar as of 11:33 a.m. in Lagos, the commercial capital, […]