NEWS: Naira is Rising”: Dollar Demand Drops as Traders Quote New FX Rates in Official Markets

CBN Releases New Exchange Rate as Naira Gains Against the Dollar in All Markets

CBN data shows that the demand for dollars dropped by 11% to $5.7 billion in the third quarter of 2024The move shows an 11% decline in dollar demand by various sectors of the Nigerian economyReports say the largest consumer of FX in the review remained manufacturing and food imports

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Demand for the US greenback declined by 11% to $5.7 billion in Q3 of last year due to a…

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