Dollar
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The Naira depreciated by over 40 percent in the half quarter of 2024 at the foreign exchange market. The FMDQ data showed that the Naira weakened to N1505.30 per dollar on Friday from between N896.6 and N907.11 it closed on 29th December 2023. The figure showed that the Naira had continued its instability against other…
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The naira, Nigeria’s legal tender, closed at N740.08 per dollar at the investors and exporters (I&E) window on Wednesday. The I&E foreign exchange (FX) window is the market trading segment for investors, exporters and end-users that allows FX trades to be made at exchange rates determined based on prevailing market circumstances. It is the country’s…
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