The naira fell further to 363 against the dollar at the parallel market on Thursday, as the scarcity of foreign exchange continued to weigh on the value of the local currency at the interbank and parallel markets. The naira had closed at 360 to the...

The naira fell to 351 to the United States dollar at the parallel market and slightly to 282 at the new interbank market on Monday. Following the floating of the naira and the adoption of a single structure through the interbank/autonomous window, the currency closed...

The naira, which has come under pressure in recent days, fell to 361 against the United States dollar at the parallel market on Tuesday, as traders and investors continued to await details of the proposed flexible foreign exchange policy from the Central Bank of...