The foreign exchange market has been under pressure since March 2020 following a sharp drop in oil prices as a result of the Covid-19 pandemic

Nigeria’s currency has been on a steady fall against the dollar on the black market and may fall to N500/$ next week as scarcity of the greenback persists. This is despite over $1 billion sold by the Central Bank of Nigeria (CBN) to the Bureaux De Change since September 7, 2020 when it resumed dollar…

– Businessday