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![Today’s Naira Rate [09-05-2025]: Naira Slumps to Record ₦1,625/$- More Pain Ahead for Households and Businesses](/data/attachments/216/216322-a9b3f03d556d529a1d0a501fae1ebfbe.jpg?hash=HjmdYT-X3t)
The naira has fallen to its lowest point this year — ₦1,625 on the unofficial market — with forecasts suggesting things might get worse.
Naira...
Jumia's Q1 results show narrowing losses but sliding revenue. As urban momentum stalls, the e-commerce company is expanding into rural markets...