1million dollar by davido

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.

Naira Gains on Dollar as Inflation Hits 27.33%

Also, in the parallel market, the local currency improved its rate against the US Dollar in the midweek session by N5 to quote at N1,135/$1, in contrast to the previous day's value of N1,140/$1.
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