Nigeria's leading finance and market intelligence news report.

Naira opens with marginal depreciation as CBN removes official rate

The foreign exchange market opened on Friday after the two day holiday declared by the Federal Government, with Nigeria’s currency depreciating marginally by 0.02 at the Investors and Exporters (I&E) forex window. Meanwhile, the Central Bank of Nigeria (CBN) has removed the official exchange rate of N379 per dollar from its website. But the CBN’s…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?

Get real time updates directly on you device, subscribe now.

Comments are closed.