The Naira on Tuesday weakened against the dollar by 0.59 percent to close at N505/$ as against N502 traded since June 4, 2021, at the parallel market. Nigeria currency’s depreciation was attributed to increased demand for dollars amid the shortage of the greenback. Naira also lost 0.40 percent as the dollar closed at N500 on … Continue reading Naira Weakens At 505 To The Dollar