Nigeria’s currency, the naira, experienced a sudden 5% slump against the US dollar on the streets of the West African nation. This free fall in the...
Official Rate Hits Record Low at N848/$1, Signaling Exchange Rate Crisis
On a turbulent Friday morning, the foreign exchange market felt the heat as the Nigerian naira plummeted to N1,049 against the US dollar on the black...
Naira on Tuesday gained 0.79 percent (N8) over the dollar as the foreign exchange (FX) resumed after the independence holiday. The market opened with the dollar...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of September 29th, 2023, the dollar...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of September 26th, 2023, the dollar...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today?
Nigeria’s economic woes seem to be deepening as the Naira continues its steep decline, reaching N980 against the US Dollar on the black market. This alarming...
Black Market Sees Dollar Surge to N960/$1
The Naira took a significant hit on Thursday as it declined by 3.32 percent to N762.71 per dollar on a weaker-than-expected liquidity level at the official foreign...