The exchange rate between the naira and the US dollar closed at N418.33/$1 at the official Investors and Exporters window.
Naira fell to its lowest level since 4th January 2022, depreciating by 0.32% on Wednesday to close at N418.33/$1 compared to N417/$1 recorded in the previous trading session.
The exchange rate at the peer-to-peer market appreciated by 0.269% on Thursday morning to trade at a minimum of N589.5/$1, in contrast to the N591.09/$1 recorded as of the same time of the previous day.
Nigerian Govt announces plan to merge CBN’s NIRSAL, Bank of Agriculture
The National Council on Privatisation, NCP, has announced that it is aiming to merge the Central Bank of Nigeria’s NIRSAL...
Read more