Friday, April 19, 2024
MARKET UPDATE
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Tag "naira-dollar exchange rate"

Demand pressure pushes naira to N751 per dollar at parallel market

    Demand pressure pushes naira to N751 per dollar at parallel market

The Nigerian naira, on Thursday, weakened to N751 per dollar at the parallel section of the foreign exchange (FX) market amid increased demand. The figure represents N9 or 1.2 percent

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ABCON: CBN’s FX policy widened naira-dollar exchange rate gap by N300

    ABCON: CBN’s FX policy widened naira-dollar exchange rate gap by N300

The Association of Bureau De Change Operators of Nigeria (ABCON) says the foreign exchange policy of the Central Bank of Nigeria (CBN) has adversely impacted the naira stability across all

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