The currency value has sunk to critical depths for those trying to access it at the parallel market, where most foreign exchange transactions are conducted in Nigeria.
abokiFX purely provides benchmark parallel rate information which helps guide our users in almost 200 countries across the world.
The LCCI said Nigeria needs to boost the supply side of the forex market through inflows from exports, diaspora remittances and crude revenues.
AbokiFX is a platform known for publishing the exchange rate of Naira against other currencies. It began operations in 2015.
With this, the spread between the black market and official market rates currently is pegged at N86.00, as of the close of business on Tuesday.
