By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday slumped 20.69 percent on Thursday following gains recorded earlier in the week reversing to trade N350 to a dollar, according to Cordros daily market update. The update affirmed that as at the time of its report, the naira in the interbank market […]
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Naira Trades 400 on Black Market against Dollar Sets New Record Low
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday traded at 400 against the dollar, according to a section of Bureau De Change Operators compared to 385 traded Wednesday’s session; thereby crashing by 15 naira to set a new record low. However, as at the time of filing in this report, […]
Naira Trades 365 against Dollar in Black Market
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Wednesday traded at N365 against $1, according to Cordros daily market update compared to a range of N347 to N352 traded on Tuesday on the parallel market. The update reported that in the interbank market – the naira had appreciated against two (2) […]