Naira Falters at Official Rate, Drops to 1536/$ –
The naira continued its downward trend at the official foreign exchange market, depreciating by 1.25% week-on-week to settle at ₦1,536.89/$ on Friday. Persistent DeclineAccording to Central Bank of Nigeria (CBN) data, the naira opened the week at ₦1,528.03/$, down from ₦1,517.93/$ in the previous session. It weakened further to ₦1,532.93/$ before briefly recovering midweek. However,