Supply gap in new forex market forces Naira down to N284/$

22 June 2016, Lagos – The new foreign exchange framework, which started on an impressive note, Monday, may have begun to face its first liquidity test — adequate and independent supply of foreign currency to the market. Dealers, yesterday, said demand appeared to be outstripping supply, a development which forced Naira value to N284/ USD1.00, down […] More »