black market forex

  1. Naira Soars to 8-Month High of 1,120/$ as Dollar Supply Surges

    Nigeria Naira Soars to 8-Month High of 1,120/$ as Dollar Supply Surges

    The Nigerian Naira has surged to an eight-month high of 1,120 per dollar on the black market, propelled by recent foreign exchange reforms implemented by the Central Bank of Nigeria (CBN). This marks a significant gain of 62.95 percent over the dollar compared to February 2024 levels. Traders...
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