The exchange rate between the naira and the United States Dollar (USD) closed at N777.82/$1 on Friday in the official market, according to the FMDQ Exchange....
After trading session on Wednesday, exchange rate for the Dollar rose to N756.8 kobo/$1 at the parallel market which is against the N752.8 kobo/$1 reported on...
The official foreign exchange market closed Tuesday’s trading at N464.67 kobo/$1, as investors and exporters were charged more for the purchase of the Dollar. According to...
Demands for dollar in the black market continues to overshoot supply and overwhelm the Bureau De Change operators. This has sustained a floating exchange rate in...
Nigeria would be misguided to persist with currency policies that have led to a record difference between the naira’s official and black-market rates, according to the...
