The Nigerian naira experienced a significant depreciation today, falling to ₦1,600 per US dollar in the official foreign exchange market after maintaining relative stability around the ₦1,500 mark for approximately three months.... Read more »
In the wake of Nigeria’s persistently turbulent forex crisis, manufacturers are projecting imminent price hikes for commodities in response to the Naira’s continuous decline against the US dollar. Francis Meshioye, the President... Read more »
The Naira has crashed to a new record low of N1,534.39 against the US dollar at the foreign exchange market on Monday. This is according to Data from FMDQ showed that the... Read more »