Difference Between Official Rate, Parallel Rate & Black Market Rate
In the context of the Nigerian market, the terms "official rate," "parallel rate," and "black…
In the context of the Nigerian market, the terms "official rate," "parallel rate," and "black…
Again, Naira Dips Slightly Against Dollar, Holding Steady Near Recent Lows The Nigerian naira continued…
The naira to dollar exchange rate is the rate at which the Nigerian naira (NGN)…
Nigeria’s currency, the naira, is facing a significant decline, nearing a record low of ₦1,500…
The black market, also known as the parallel market is an unofficial market where foreign…