Browsing Tag

dollar

Again, Naira FALLS

The Naira on Wednesday fell further to N492 to a dollar at the parallel market, from N490 it closed on Tuesday, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro closed at N605 and N505 respectively. At the…

Naira Plunges In Free Float

The naira plunged against the US dollar on Monday after Nigeria’s government scrapped its fixed exchange rate and allowed market forces to determine the currency’s value “Trading started at 9:00 am this morning. All the 24 commercial…