Forex Shake-Up: Chinese Traders Now Accepting Naira Instead of Dollars, Say BDC Operators
A major shift is unfolding in Nigeria’s forex market as Chinese traders are increasingly accepting naira directly for yuan...
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Naira Falls to N1,610/$ in Parallel Market Amid Increased Dollar Turnover
On Friday, the Naira fell to N1,610 per dollar in the parallel market, down from N1,580 per dollar the...
Naira appreciates to N1,000 per dollar at FX black market
The Naira appreciated to N1000 per US dollar as Monday’s foreign exchange market commenced. A Bureau De Change operator,...
Naira weakens further to 517 against dollar
The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in...