The Naira witnessed a slight appreciation in the parallel market, climbing to N1,660 per dollar, compared to its previous value of N1,662 per dollar recorded last weekend. Meanwhile, in the official foreign exchange market, the Naira experienced a decline, depreciating to N1,550 per dollar. According to data released by the Central Bank of Nigeria (CBN) […]
The Nigerian Naira has experienced a significant drop in the parallel market, depreciating to N1,668 per dollar, compared to N1,600 per dollar the previous day. This marks a noticeable decline in the currency’s value within the informal trading segment. Conversely, in the official foreign exchange market, the Naira showed signs of recovery, appreciating to N1,534.6 […]
