Fuel sells for N2,500/litre black market as scarcity persists Nigerians continue to bemoan the immense hardship they endure as a result of the statewide fuel shortage, which...
Forex: Official, black market rates close to parity The exchange rate for the Naira and the Dollar has almost reached parity following the central bank’s crackdown...
Naira in major fall, exchanges N1,000 to dollar at black market The foreign exchange crisis in the country worsened on Thursday as a dollar exchanged for...
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall from N570/$1 to N400/$1 at the...
The naira has depreciated to N500/$1 after recording a marginal gain against the United States dollar. The naira also weakened against the dollar on the Nigerian...
Barely four days after the Central Bank of Nigeria adopted an autonomous foreign exchange (NAFEX) rate, naira value has depreciated at the black market, trading at...