Nigeria’s currency, the Naira, has further declined due to the increasing scarcity of the US Dollar. The naira started trading at 1,175/$ at the parallel market and closed at 1,190/$ last Friday. This is a decrease from two weeks ago when the naira traded at 1,100/$ at the parallel market. However, there was a slight … Continue reading Again, Naira Slumps Against US Dollar (See New Rate)