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![Today's Naira Rate[09-09-2024]: Naira Under Pressure: Black Market Dollar Exchange Hits N1,650](/data/attachments/208/208110-c6836094039870406a4c9c067d1b5038.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate[09-09-2024]: Naira Under Pressure: Black Market Dollar Exchange Hits N1,650
As of September 9, 2024, the black market exchange rate for the US dollar to the Nigerian naira stands at N1,650. The rate varies from the Central Bank of Nigeria's official exchange rate of N1,629, reflecting growing economic challenges, currency shortages, and pressures on Nigeria's forex...- Nigeria News
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![Today's Naira Rate[05-09-2024]: Urgent Reforms Needed as Naira Hits New Low of N1,639.41 Against Dollar](/data/attachments/208/208013-2a546975747c9bbf4d31db0627e3dd8b.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate[05-09-2024]: Urgent Reforms Needed as Naira Hits New Low of N1,639.41 Against Dollar
The naira plummeted to N1,639.41 per dollar in the official market, marking a significant decline of N34 from the previous day. The black market rate also fell, reflecting broader economic instability and inflation concerns, prompting calls for urgent government reforms to stabilize the...- Nigeria News
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- black market rate currency depreciation exchange rate
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Nigeria Nigeria's Currency Crisis: US Dollar Hits N1,355, Raising Concerns for Businesses and Citizens
Amidst economic uncertainties, the Nigerian currency faces a significant setback with the US dollar soaring to N1,355 at the black market. Despite recent efforts to stabilize the exchange rate, including a $2.25 billion support from AfreximBank, the naira's value continues to decline. In...- Nigeria News
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- black market rate currency crisis naira against dollar rate naira depreciation nigeria economy us dollar exchange rate
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Business Naira Crashes Further As Buhari, CBN Plan To Eliminate Black Market
Nigerian naira on Wednesday crashed further at the parallel market as President Muhammadu Buhari, the Central bank of Nigeria plan to eliminate the gap in the exchange rate against the dollar between the official and black markets, Nigerian Bulletin gathered. The currency plunged to 492 naira...- ProfRem
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