• Naira plunges further against dollar as 3rd OTC Futures contract matures

    Naira plunges further against dollar as 3rd OTC Futures contract matures

    According to reports, the Naira on Wednesday continued its free fall against the dollar just as the 3rd OTC Futures Contract settled notionally at $180 million, the News Agency of Nigeria reports.

    At the parallel market, the naira exchanged between N460 and N490 to the dollar, while Pound Sterling and the Euro exchanged between N452 and N570 and N488 and N570 on Tuesday.

    Trading at the Bureau De Change showed that the naira closed at N460, N570 and N490 against the dollar, […]