N607 it traded last two weeks.
Bureaux De Change operators , popularly known as ‘abokis’, who spoke to TheCable in Lagos on Tuesday, said they purchase the greenback at N608/$, make a gain of N6, and then sell at N614. At the official market, the naira also depreciated by 0.21 percent to close at N421/$ on Monday, according to information obtained from FMDQ OTC Securities Exchange — a platform that oversees official foreign-exchange trading.Nigeria operates multiple exchange rate windows ranging from the importers and exporters window window, where forex is traded between exporters, investors, and purchasers of forex, the SMEIS window where forex is sold to importers, and others.
International organisations such as the World Bank and the International Monetary Fund have constantly advised the Central Bank of Nigeria to unify the official and parallel market exchange rates. But Godwin Emefiele, the CBN governor, had said that despite advice offered by IMF and the World Bank, developing economies such as Nigeria had the liberty of
It shall never be well with the entire APC leadership🙏🏻
This naira pressure na wa oo, haba
Anybody praying for Nigeria is a fool and will remain so forever
Nigeria must fall
Good
Hhmmmm
It should hurry up and get to 1k per Dollar pls. It's taking too long. Buhari don spoil naija finish, make we kukuma rough am finish
What a CHANGE.
Let the keep voting for their ancestors..