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There is a huge tension at the forex market for the past two days as the massive crash in crude oil price hit the Nigeria economy. Naija news learnt that the oil price crash has started having a negative effect on the value of the naira.. Naira dipped significantly against the US Dollar at $1/₦380 in the parallel market, indicating ₦5 (1.3%) loss compared to $1/₦375 recorded yesterday.
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Admiral Markets UK Ltd is registered in England and Wales under Companies House – registration number 08171762. Admiral Markets UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) – registration number 595450. The registered office for Admiral Markets UK Ltd is: 16 St. Clare Street, London, EC3N 1LQ, United Kingdom.
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