nigerian currency stability

  1. Today's Naira Rate[01-11-2024]: Naira Declines to N1,735/$ in Parallel Market as Rate Gap Widens

    Nigeria Today's Naira Rate[01-11-2024]: Naira Declines to N1,735/$ in Parallel Market as Rate Gap Widens

    The naira depreciated to N1,735 per dollar in the parallel market, while appreciating to N1,666.72 in the official NAFEM market. With trading volumes down and the exchange rate margin widening to N68.28, economic concerns over currency stability intensify as Nigeria faces foreign exchange...
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