Nigerian Naira Plummets to Record Low Against Dollar

Nigerian Naira Plummets to Record Low Against Dollar

The Nigerian currency faced another harrowing day on Tuesday as it plummeted to an all-time low on the black market. Shockingly, the naira reached a staggering exchange rate of N1,825 per dollar, representing a significant 6.3% drop compared to Monday’s closing rate of N1,710.

Compounding the currency’s woes, both official and unofficial…

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