Naira Falls, FX Gap Hits N27 As Firms Fight Over Real Rate

Due to allegations that the Nigerian naira is significantly undervalued, the value of the local currency has increased in foreign exchange markets. In the last week, there was a decline in exchange rates at both official and alternative markets due to heightened demand for the US dollar. The possibility that the naira will regain the … Continue reading Naira Falls, FX Gap Hits N27 As Firms Fight Over Real Rate