Dollars

With respect to the official Investor and Exporter FX window, the naira ended the week at N927.19/$. From the N794.89/$ it closed the week of November 24, 2023, this represented a 16.64 percent decrease, citing

Next week, the Naira is expected to appreciate to below N1,000 per dollar on the black market due to optimism over the Federal Government’s intentions to support dollar liquidity in the foreign currency (FX) market.

The naira dropped from 860 to 960 per dollar as of Friday, losing N100 in less than three weeks. The naira’s value has gotten worse, according to research by The PUNCH, due to the growing