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The Nigerian currency, the naira, has continued its rally against the dollar into the weekend and Sallah holidays.
The naira has risen to a 20-day high in the Nigerian Foreign Exchange Market, appreciating to N1,564 per dollar on Wednesday, ...
Foreign exchange black market for Nigeria dey currently experience increase for dollar to naira. Di dollar hike bin start afta oil price crash to 30 dollars per barrel on Monday, 9 March - one of ...
The currency fell by about 30% down to 280 naira per dollar that day ... And the best way to see this is to look at a chart. In a note to clients, John Ashbourne, Africa economist at Capital ...
Here is the chart showing the naira's move, which sent the dollar soaring: In the short-term, the move was expected to be painful, but a 30% fall is probably a bigger move downwards than had been ...