Naira-dollar
Naira falls by N34 to dollar in 24hrs
The Nigerian currency, Naira, has plummeted to an unprecedented low, trading at a staggering N1,639.41 per dollar at the official market on Thursday.
This marks a sharp decline from the previous day’s rate of N1,606, reflecting a dramatic loss of N34.
In a parallel trend, the black market also saw the naira fall, with the exchange rate reaching N1,645 per dollar, down from N1,640.
READ ALSO:
The worsening exchange rates signal deepening economic challenges and growing concerns over the stability of the national currency.
As the naira continues its downward spiral, analysts and market watchers are closely monitoring the situation, with implications for both the economy and daily lives of Nigerians.
Ibadan, Abuja, Anambra stampedes: IG orders probe, threatens prosecution of organisers The Inspector-General of Police,…
Gabriel Jesus shines as Arsenal thrash Palace 5-1 in London derby Gabriel Jesus struck twice…
Atletico grab late winner at Barcelona to go top of La Liga Substitute Alexander Sorloth…
Oleksandr Usyk beats Tyson Fury to retain heavyweight titles Oleksandr Usyk defeated Tyson Fury to…
Yuletide: Travellers want fare discount for road trips Bemoan high fares Passengers travelling to their…
Lagos Rail Mass Transit part of FG free train ride - NRC The Nigerian Railway Corporation (NRC) has…