Global Markets – What Does The Rising Naira-Dollar Disparity Mean For Nigerian Businesses? PT 1.
From the beginning of the year, the Nigerian Naira has witnessed a rising disparity with the US Dollar; reaching an all-time highest exchange rate of N1 – $710 in the previous month. Current data shows that the black market sells a dollar for N745. Even with the fluctuating exchange rate, the Central Bank of Nigeria […]