1million dollar by davido

Naira begins new week on negative note

The naira dropped by 1.01 per cent compared to the N740.38 it exchanged for the dollar after the close of business on Sept. 1. The open indicative rate closed at N772.06 to the dollar on Monday.

Naira drops against US dollar at forex market

The figure represents a 4.38 per cent depreciation to close at N904.56/$1 at the close of business on Wednesday. The development comes despite the dollar supply increasing by 22 per cent to $120.89 million on Wednesday.

Scarcity Hits Black Market As Dollar Nears N1,500

The exchange rate had hit an intraday high of N1,414.94 per dollar on the day as the daily FX market turnover dropped by 36.68 percent to $64.29 trillion on Monday from $100.97 million recorded on Friday.
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