Parallel market operators are quoting a buy price above N1,600/$1 for holders of naira looking to buy dollars, as the local currency faces rising pressure.
Checks indicate that the exchange rate has been weakening lately in line with the steady crash on the official market.
Accordingly, platforms such as; Trove, Remitly, Bamboo, and PiggyVest are selling the dollar above N1,630 as of Thursday, July 18, 2024.
Nigerian Exchange Limited (NGX) has recorded a remarkable increase in the value of equities traded, reaching a record high of...
Read more
Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.
Follow us @techeconomyng for more.
Nigeria Tech Space , From Independence
To Digital Age
