Tag: Dollar-to-Naira
Naira Drops to 1,000 per $1 as Exchange Rate Hits Record Low
The Nigerian naira plummeted to a record low of 1,000 per $1 on as the parallel market exchange rate surged, with the black market trading at 5,000 naira for $1, according to sources...
CBN Sets Dollar-to-Naira Exchange Rate for Today
The Central Bank of Nigeria (CBN) set the official exchange rate for the U.S. dollar to the naira at ₦1,380/$1 for today, marking a slight adjustment from previous levels. The announcement, made in Abuja,...