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According to Abokifx, the Naira appreciated against the dollar to close at N478/$1 on Wednesday.
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According to Aminu Gwadabe, President of the Association of Bureau De Change Operators of Nigeria (ABCON), the Central Bank of Nigeria’s (CBN) foreign exchange...
Forex traders said the fall is because of the sustained scarcity of the dollar.
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According to Abokifx, the Naira appreciated against the dollar to close at N478/$1 on Wednesday.
The naira, which had previously exchanged at N500/$, strengthened after the Central Bank of Nigeria (CBN) relaxed the rules on foreign remittances and domiciliary...
Data retrieved reveals a significant amount of Nigerians use Bitcoin for peer to peer lending for their payments.
US Dollar stands at ₦480/US$1 in the parallel market
The naira depreciated marginally against the dollar, closing at N461/$1 at the parallel market on Tuesday.