The naira, on Monday, appreciated to N837.77 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM). NAFEM is the country’s official exchange rate window. The rate represents a rise
Tag "Dollar rate"
The naira, on Thursday, dropped to a new low of N1,170 per dollar in the parallel market. The Nigerian currency depreciated by N105 or 9.8 percent compared to the N1065
Nigeria’s foreign exchange reserves dropped to $33.23 billion at the end of the third quarter (Q3) of 2023, according to data obtained from the Central Bank of Nigeria (CBN). The
Under President Bola Tinubu’s tenure, the foreign exchange (FX) rates disparity is gradually returning to the era of Muhammadu Buhari, former president — as the gap between the official and
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