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.
Late COAS Lagbaja gets CFR honour, buried amid tributes The late Chief of Army…
Food price, transport fare hike push Nigeria's inflation to 33.88% Rising cost of living based…
Supreme Court dismisses 16 govs suit challenging EFCC legality The Supreme Court has dismissed the…
Executive Secretary FCDA Hadi Ahmad suspended indefinitely Executive Secretary, Federal Capital Development Authority FCDA,…
Just in: Rivers, Anambra high court judges suspended for one year The National Judicial…
Apomu king turns warmonger for PDP Tunde Odesola (Published in The PUNCH, on Friday, November…