Naira trades N370 to dollar at parallel market

22 February 2016, Lagos – The Naira appreciated by N20 on Monday, exchanging for N370 to the dollar at the parallel market. The Naira sold at N390 to one dollar on Feb 19. However, it closed at N199.50 to the dollar as the official bank rate. A trader, who preferred anonymity, said that the market […] More »