
Naira Weakens Against Dollar at Official Market, Gains in Black Market.
The Naira experienced a significant depreciation against the US dollar at the official foreign exchange market between March 14 and March 21, 2025, losing ₦18.96 within the week. According to data from the Central Bank of Nigeria (CBN), the Naira dropped to ₦1,536.89 per dollar on Friday, compared to ₦1,517.93 the previous week. This decline…