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It Will Hit N2,000 : Nigerians React as Naira Falls to Its Lowest Level Against US Dollar

The demand pressure caused the naira to plummet to a record low of N1,410 per dollar in the unofficial market against the the closing value of N1,365 the day before.

2023 in Review - THISDAYLIVE

2023 in Review - THISDAYLIVE
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Naira Street Price Steadies As Central Bank Makes Itself Felt

Naira Street Price Steadies As Central Bank Makes Itself Felt
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Nigeria: Illegal Financing, Other Factors Responsible for Forex Crisis - Experts

Nigeria: Illegal Financing, Other Factors Responsible for Forex Crisis - Experts
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Illegal financing, other factors responsible for forex crisis – Experts

Economic experts have identified some of the major reasons behind the worsening situation of foreign exchange crisis in Nigeria. As of Tuesday, the exchange rate stood at over N1,200/$ at parallel market as the dollar scarcity bites harder. The Chief Executive Officer, Corporate Finance Group, Mr Adetilewa Adebajo, said that illegal financing in Nigeria was…

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