black market
The Nigerian Naira has plunged to a record low, reaching N1,830 per dollar in the black market, marking a significant 7.10% drop from the previous day’s closing rate of N1,700. This unprecedented depreciation underscores the severity of the current economic challenges, representing the lowest point in the Naira’s historical performance. The continuous devaluation of the […]
As Nigeria grapples with economic challenges, the nation witnessed a historic low in its currency value, as the naira plunged to unprecedented depths against the United States dollar. The black market recorded the naira closing at a staggering N1,500 per dollar, marking a significant decline from previous rates. The Central Bank of Nigeria (CBN) sounded […]
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