Naira Depreciation Amid Rising Dollar Turnover in Nigerian Forex Market
The Nigerian Foreign Exchange Market (NAFEM) experienced a significant surge in dollar turnover in October 2024, increasing by an impressive…
Tag: Dollar
Naira in Crisis: Depreciation Deepens as Supply Shortages and Demand Surge Pressure Exchange Rates
The Nigerian Naira is under intense pressure as its value against the U.S. dollar continues to decline, hitting N1,740 per…
Naira rises to N1,600 /$ in parallel market
The Naira yesterday appreciated to N1, 600 per dollar in the parallel market from N1,615 per dollar on Wednesday. However,…