Naira Closes at ₦1,363.41/$1 on Monday — NFEM
By Ayomide Otitoju Data from the Nigerian Foreign Exchange Market (NFEM) showed that the official exchange rate closed at about ₦1,363.41 per US dollar on Monday. At the prevailing rates, $100 exchanged for approximately ₦136,341 at the official window and around ₦140,000 in the parallel market. The gap between the official and parallel market rates…