On October 14, 2024, Nigeria’s Naira appreciated by N10 to N1,680 against the US dollar in the parallel market. In the official NAFEM, it reached N1,552.92, a gain of N88.35. However, dollar turnover in the official market dropped 44%, raising concerns about liquidity and market stability.
The...
As of October 12, 2024, the black market exchange rate for the US dollar to the Nigerian naira is N1,695 for buying and N1,700 for selling in Lagos. The Central Bank of Nigeria’s official rates remain significantly lower, highlighting ongoing economic challenges and currency volatility in...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.