The US dollar stands at ₦460/US$1 in the parallel market
The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday.
Over a hundred companies are being investigated by the CBN over forex policy abuse.
The Naira depreciated against the dollar to close at N465/$1 on Friday.
The Naira appreciated against the dollar to close at N462/$1 on Thursday.
The Naira depreciated against the dollar to close at N465/$1 on Wednesday.
The naira depreciated at the parallel market despite the third round of forex allocation to BDCs.
Forex reserves remain just above $35 despite the pressure on the exchange rate
Buhari insists "no kobo" for food imports sending a loud message to CBN to ban forex for importation for food and fertilizer
Even though there was a little appreciation in the NAFEX window, the Naira depreciated at the black market.
