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Tag: Nigeria Naira

Naira on another freefall as it depreciates further at parallel market, trades at N1,520/$

May 14, 2024May 14, 2024Ayo Olowo

The Nigerian naira depreciated to N1,520 per dollar at the parallel section of the foreign exchange (FX) market on Monday. This is a 3.4 percent decline from the N1,470/$ traded on May 10. The bureau de change (BDC) operators, popularly known as street traders, put the buying price of the dollar at N1,490 and the selling price […]

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