Tag: Naira Crashes

Naira Gains Strength Against Dollar Across FX Markets

Naira crashes to 1,030/$ as speculators react

by Ikenna Ngere

November 7, 2023

The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week. This represents a N80 ...

Naira Crashes at P2P, I&E, Black Market as Bitcoin Remains Below $20,000

by Harry Choms

October 14, 2022

Thursday was a bad day for the domestic currency in the various segments of the foreign exchange (forex) market, as it depreciated against the US dollar. The Naira fell N3 ...