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The Nigerian currency seems to be dangling over the electric pole…. Bola Ahmed Tinubu took the naira from his friend, Muhammadu Buhari at N700 to N1900 and has now been revolving around N1,500. As at Today, the Dollar is N1,590. 25 It’s almost 1,600 naira….. Funny enough, this would look like Indomie that hiked their prices
In a stark financial development, the Nigerian Naira has nosedived to unprecedented depths against the US Dollar, hitting alarming lows in official and parallel markets. Officially closing at N956.33 per dollar and recording a staggering N1165 per dollar in the parallel market, the local currency faced a disconcerting depreciation of 12.11%. The free fall of
The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. The national currency, which traded for N670 against the dollar on Monday, has fallen even further by 6.7 percent in two days as of Friday afternoon, according to data from Aboki Forex. Today’s
Nigeria is really bleeding at the moment as the Naira is on the free fall. Sat July, 11:05:01 AM 💵 1 USD >>>>> ₦652.042💷 1 GBP >>>>> ₦805.082💶 1 EUR >>>>> ₦687.429 v1.0.4 — ₦aira Rates (@naira_rates) July 23, 2022 As at today, the Dollar to naira is N652.042 This is a government of APC