Importers return to parallel market as naira rebounds
Importers have returned to the parallel market to source for their forex needs as liquidity challenges persist in the official market
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Importers have returned to the parallel market to source for their forex needs as liquidity challenges persist in the official market
Nigeria’s currency continues to fall under President Muhammadu Buhari’s regime, tumbling to a new low of N1005 against the British pound sterling on the parallel exchange platform Aboki Forex on Saturday.
The naira has further depreciated in the black market and is now trading for N710 to the dollar on the Aboki Forex exchange website. According to reports
According to a listing on Aboki Forex, a website that provides users with information about the exchange rates at which various currencies are traded on