See latest naira to dollar exchange rate in official and black markets

  • Nigerian currency has once again dropped in value against the US dollar in the foreign exchange market
  • Data shows that the naira in the official market fell by over N90 while in the unofficial market, it dropped by N32
  • The Central Bank of Nigeria has released a new guideline to checkmate activities of forex speculators

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Naira poor performance continues on the Nigerian Autonomous Foreign Exchange Market (NAFEM) the official foreign exchange market.