The value of the naira on Tuesday declined following its drop to 362 naira 20 kobo per dollar in the Investors and Exporters window.
Also, Data from FMDQ showed that the indicative exchange rate for the window rose to 362 naira 20 kobo per dollar from 362 …
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The recorded improvement is due mainly to the rise in crude oil prices. In the past few months, crude prices have increased considerably up to the $70 mark. This morning, the price climbed up to $71.66 following US President (Donald Trump’s) issuance of warnings against Syria and Russia. This...