Dollar sells for ₦1,485 on black market
The Naira continued to trade at a wide margin between the official and parallel foreign exchange markets on Sunday, October 19. On the official Nigerian Foreign Exchange Market (NFEM), the Naira hovered in the mid-₦1,400s per dollar, while black market (parallel market) rates ranged between ₦1,485 and ₦1,500. This persistent gap between the official rate…






