Naira Falls In Parallel Market Before Inauguration As Supply Thin Amid High Demand
LAGOS MAY 27TH (NEWSRANGERS)-Nigeria’s currency weakened in the parallel market to the lowest level in a year on expectations of a possible change in exchange-rate management after Bola Tinubu takes office as president on Monday. The naira dropped to 775 per dollar on Friday from 762 the previous day in the unauthorized market in Lagos,…