Official Exchange Rate at N789.94/$1, Black Market Rates Vary Slightly
The Nigerian naira saw an appreciation against the dollar on Friday, October 27, 2023, closing at N789.94/$1. This marked a 6.26% increase from the previous day’s rate of N837.49/$1. Throughout the day, the naira reached a high of N900/$1 and a low of N696.06/$1, indicating a substantial spread of N203.94/$1. Data from the official NAFEM…
