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Naira drops N462 against dollar at official market

The Naira-to-US Dollar exchange rate at the Investors and Exporters window decreased to N462.33 per dollar on Tuesday which represents a 0.14 per cent drop from the previous trading session’s closing rate of N463 per one dollar. This information was reported in Nairametric’s daily currency update, which was compiled from FMDQ Exchange. According to the […]

Naira to fall N500 against dollar - NESG
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Naira hits lowest amid external reserve decline 

The Nigerian Naira hit its lowest value of the year on the first trading day of April, as the demand for dollars rose while the external reserves declined. Naira depreciated by 0.46 percent on Monday, with the dollar quoted at N463.50 at the Investors and Exporters forex window, which is Nigeria’s official foreign exchange market, […]