Nigerian Banks reduce dollar spending limits as forex scarcity rises
Many Nigerian banks are reducing how much foreign currency customers can spend abroad as concerns over the impact of the ...
Tag: parallel market
News and stories about parallel market
Uncertainty strengthened as foreign portfolio investors pull out funds
Driven by fears of naira being weakened at the fallout in last week's plunge in oil price, foreign portfolios investors ...
Speculators strike as exchange rate falls to N366/$1
Speculators strike as exchange rate falls to N366/$1, stocks lose another N1 trillion.
NIGERIA: Daily Parallel Market Exchange Rate (September 27th 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
NIGERIA: Daily Parallel Market Exchange Rate (August 1st 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
NIGERIA: Daily Parallel Market Exchange Rate (June 28th 2019)
Parallel market exchange rate between the Naira and three of the world's major currencies.
Naira appreciates to one month high on parallel market
The Naira, today rose to ₦360 at the parallel market and ₦305.55 at the official rate. This marks the highest rate ...
CBN Explains Why Multiple Exchange Rates Are Necessary
A plausible explanation?
