dollar scarcity

Naira Weakens to N890/$1 at Black Market as FX Crisis Worsens

August 4, 2023

By Dipo Olowookere It is not a good time for the Nigerian Naira in the parallel market segment of the foreign exchange (FX) market

May 26, 2023

By Adedapo Adesanya The steep fall of the Naira to the United States Dollar continued on Thursday as its value further weakened in the

October 31, 2022

By Dipo Olowookere The value of the Naira to its United States counterpart, the Dollar, further depreciated to an all-time low of N810/$1 on

September 29, 2022

By Dipo Olowookere All is not well with the Nigerian Naira in the black market segment of the foreign exchange (forex) market. This is

June 10, 2022

By Adedapo Adesanya The Naira recorded one of its worst outings in weeks on Thursday as it depreciated against the American Dollar at both

January 4, 2020

By Adedapo Adesanya Activities of investors at the final session for the week drove exchange rate higher for the third consecutive day at the

September 14, 2016

By Modupe Gbadeyanka A former Minister in Nigeria, Mr Kenneth Gbagi, has accused commercial banks in the country of making the dollar become a