Naira Falls Slightly to ₦1,610/$ in Parallel Market The naira depreciated slightly against the US dollar, losing ₦1.02 on a day-to-day basis to trade at ₦1,610 on Tuesday, compared to ₦1,606 on Monday. According to Aboki Forex data as of May 7, the naira was trading...

Just in: Naira Crashes to N710 to a Dollar The Nigerian naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Economic Confidential on Wednesday showed the current parallel market rate pegged at...

Naira Falls Again to N645 Per Dollar The Nigerian currency has sunk to a new low, exchanging for N645 against the U.S. dollar in the parallel market. Data from Aboki Forex, revealed that the naira, which traded for N620 against the dollar on Monday and N630...