The naira, on Wednesday, depreciated to N930 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N25 or 2.76 percent compared
Tag "depreciation"
Managing Director, Financial Derivatives Company Limited, Bismarck Rewane, said the recent rebasing of the country’s Gross Domestic Product (GDP) would only be meaningful when the naira depreciated. Rewane made this