Thursday, September 29, 2022
MARKET UPDATE
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Tag "Naira fall"

Naira’s free fall continues, trades N692/$ at parallel market

    Naira’s free fall continues, trades N692/$ at parallel market

The naira, on Tuesday, fell to N692 per dollar at the parallel market amid the lingering scarcity of the greenback. The figure signifies a depreciation of N9 or 1.3 percent

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Nigerians must avoid FX speculators to save naira, says CBN

    Nigerians must avoid FX speculators to save naira, says CBN

The Central Bank of Nigeria (CBN) says Nigerians must avoid dealing with speculators in the foreign exchange (FX) market to save the naira from further decline. Osita Nwanisobi, director of

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