Naira depreciates at official market, remains steady on parallel window
The Nigerian naira faced mixed fortunes on Wednesday, April 3, 2025, depreciating at the official market while remaining stable on the parallel window. At the Nigerian Autonomous Foreign Exchange Market (NAFEM), the local currency closed at N1,552.53 per US dollar, down from Tuesday’s rate of N1,531.25/US$. However, at the parallel market, the naira held firm…