Naira Plummets as Binance Largely Quits the Nigerian Market

The official exchange rate of the Nigerian naira against the US dollar experienced a sharp decline, ending its three-day winning streak on Tuesday, March 5, 2024. According to data published by the Financial Markets Dealers Quotations (FMDQ), quoted by Nairametrics, the naira fell by 4.26% to N1602.43 per US dollar, compared to N1534.19/$1 recorded previously. … Continue reading Naira Plummets as Binance Largely Quits the Nigerian Market