Data from the Central Bank of Nigeria showed the official exchange rate closing at approximately ₦1,373.25 per dollar, with market trades ranging between ₦1,372 and ₦1,375.
Conversely, in the parallel market, commonly known as the black market, the dollar exchanged at about ₦1,375 for buying and between ₦1,385 and ₦1,400 for selling,...
Street traders in major currency hubs, including Lagos and Abuja, are buying the greenback at an average rate of 1,410 Naira and selling between 1,420 Naira...