The naira weakened against the U.S. dollar on October 11, 2024, closing at N1,641.27 in the official Investor and Exporter (I&E) window, despite crude oil futures remaining above $79 per barrel. This shift highlights changes in Nigeria’s foreign exchange landscape, with the naira depreciating by 1.15% from the previous day’s rate of N1,622.57. Meanwhile, market …
