Naira Hits Record Low at Parallel Market, Closes at 900/$ Official Window

The Nigerian naira experienced a significant drop to a historic low of N1,400 per US dollar at the parallel market on Thursday. Despite recent interventions by the Central Bank of Nigeria (CBN) to stabilize the national currency, the persistent scarcity of dollars has continued to impact the exchange rate negatively. Bureau de Change Operators confirmed … Continue reading Naira Hits Record Low at Parallel Market, Closes at 900/$ Official Window