Tag: Naira weakens to 1

  • Naira weakens to 1,705/$ at parallel market

    Naira weakens to 1,705/$ at parallel market

    —

    by

    Olumide Akinrinlola
    in

    The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator in Lagos, Aliyu Sani, told The PUNCH that he sold dollars for N1705, and bought at 1,695/$. In Abuja, the rate was lower at N1,700.…