According to FMDQ statistics, the Nigerian Naira fell by 7.08% versus the US Dollar at the Investors’ and Exporters’ FX Window, ending at N773.50 after the FTSE Russell reclassified the Nigeria index from frontier to unclassified market status. FTSE Russell reduced the Nigeria index to unclassified category in a statement, citing the failure of the … Continue reading Naira Value Falls 7% As FTSE Decreases Nigeria Index