Nigerian black market naira rate firms as interbank trading begins

Economists said the gap between the official rate and the black market should narrow on expectations that increased foreign exchange liquidity …
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However, a much bigger surprise is the Monday's morning, as after the weekend, the currency pair has started the day's trading with an increase in …
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One-month non-deliverable forwards showed the naira weakening to 305 per dollar, while the two-month contract traded at 310 per dollar – matching a …
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Nigeria's naira slumped 23 per cent against the US dollar on Monday in tentative interbank trading after central bank removed its currency peg, …
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