The Nigerian naira appreciated to ₦1,512 per dollar in the parallel market, narrowing the gap with the official exchange rate. However, fluctuations persist due to declining foreign reserves and forex market volatility. Analysts suggest further CBN intervention may be necessary to stabilize the...
Nigeria's Naira hits a historic low, trading at N1,630/$1 on online platforms. The currency crisis, driven by high demand and limited supply, impacts businesses and everyday Nigerians. Experts call for robust economic policies to stabilize the currency and ensure sustainable growth.
The naira...
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