The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar.
The Naira on Friday weakened marginally against the dollar at both the parallel market in Lagos and the investor’s window.
The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos, our correspondent reports.
Prof. Sheriffdeen Tella, a Senior Economist at the Olabisi Onabanjo University, Ago-Iwoye, Ogun, on Tuesday said retaining the benchmark interest rate at 12.5 per cent could...