- The Exchange rates between the naira and the dollar in the official and black markets have finally converged
- The naira has been trading at an average rate of N1,600 per dollar in the official and parallel markets in all the markets
- The disparity between the two markets has narrowed to just about two per cent as Nigeria seeks to end the naira’s volatility
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Nigerian currency, the naira, has fallen to an all-time low of N1,600 per dollar in both the official and parallel markets following the devaluation of the naira.
