Black window

CBN Releases New Update as Naira Nears N700/$

Exchange Rate Snapshot Current data indicates that the spread between the black market and the official window has widened to N120.48 as of the close of business on August 18, 2023.

See the Value of the Naira at the Financial Market

Meanwhile, the naira is expected to appreciate marginally both on the investors' foreign exchange window and on the black market this week as dollar liquidity is seen rising on the back of offshore inflows.

This is the PlayStation 5

As many expected in the wake of the controller, Sony used a mix of white and black for a two-tone design, foregoing the mostly monochrome looks of previous generations.

CBN Devalues Naira, Bank Rate Now 630/$1

Whereas the black market rate averaged N730/$, the I&E window finished at suppressed N447/$ on average. That puts the arbitrage at N283/$, pushing the CBN's FX subsidy in the year to about N3.65 trillion. [DailyTrust]
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