The exchange rate for the naira narrows to N763/$.

Yesterday, the naira decreased by N7 to end the Investors and Exporters (I&E) session at N763/$. A sign of rate convergence between the official and black market prices is the naira’s exchange rate in the parallel market, which was N765/$. The local currency, which ended Tuesday’s trading at N756/$, was unable to maintain the pace […]

The exchange rate for the naira narrows to N763/$. Read More »