24hrs News & Updates
The naira experienced a notable depreciation at the parallel market on Wednesday, falling to N1,500 against the dollar, a 3.45 percent decrease from the rate of N1,450 per dollar observed on Monday. This recent slide underscores the volatility in the foreign exchange market, contrasting with a slight appreciation observed at the official window. Bureau De…
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The naira closed trading on the Investor & Exporter forex window on Thursday at N996.75/$. This is a 13.95 per cent depreciation from the N874.71/$ it closed trading on Wednesday. This means the naira has lost 27.75 per cent of its value since opening the week at N780.23/$ according to information on the FMDQ OTC…
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