Naira Depreciates by 40% in Q2 2024, Hits Record Low of N1505.30 per Dollar
The Nigerian Naira has suffered a significant decline in value, depreciating by over 40% in the second quarter of 2024, according to data from the FMDQ. The Naira weakened…
Dollar To Naira Exchange Rate Hits N1610 At Black Market
The dollar to naira exchange rate has hit N1610 at the black market, also known as the parallel market (Aboki fx), as of Friday, 2nd August 2024. According to…
Naira Appreciates Against Dollar on Black Market
The naira appreciated against the dollar at the parallel foreign exchange market on Tuesday, selling at N1,660 per dollar. This indicates a strengthening of the naira by N7 against the…