Naira has fallen massively at the parallel market amid rising demand and the government crackdown on P2P platforms. JomogNews Nigeria reports that the foreign exchange (FX)...
After nearly three years of suspension from the official forex window, the Central Bank of Nigeria (CBN) yesterday resumed daily $20,000 forex sale to Bureaux de...
The exchange rate for a dollar to naira on the physical black market on Monday was N1, 280/US$ as against N1,260 against the greenback last week....
Naira depreciated to the worst low in recent times exchanging at N1,043.09 to the dollar at the official foreign exchange market on Thursday. This is against...