Tag: Naira-Dollar conversion
Naira continues recovery, gains 7.2% against dollar
According to data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign…
Naira weakens further, hits N1,040/$1 in parallel market
The disparity between the official and parallel market rates has expanded to approximately 26%, equivalent to N265/$1. This stands in…
The long path beyond the Dollar
Business has vanished at Kingsley Odafe’s clothing shop in Nigeria’s capital, forcing him to lay off three employees. One culprit…