The naira weakened at a faster pace against the dollar this week on the official market as liquidity declined. The
With the naira’s depreciation showing no signs of abating amid the scarcity of dollars in Nigeria, the foreign exchange futures
The Central Bank of Nigeria will resume the quotation of offer rates for FX futures contracts on Monday, according to
The demand for foreign exchange forward and futures contracts surged this week as the naira saw a significant decline against