Naira Slips to N1,324.70 as Currency Pressure Lingers
The naira hovered near 1,324.70 to the American dollar on Wednesday morning as chronic foreign exchange tightness continues to test the currency reforms of the Central Bank of Nigeria. Spot trading across early deals saw the domestic unit edge between 1,323.80 and 1,329.00 before settling around 1,324.70 in the official market. That movement follows modest…