Tag: factual news tags for the given topic: **Forex Market

50 Dollars Equals 80,000 Naira at Current Exchange Rate

Fifty U.S. dollars is now equivalent to 80,000 Nigerian naira at the current black market exchange rate, reflecting a steep depreciation of the naira amid economic instability. The conversion, based on unofficial trading rates...

Pound to Naira Exchange Rate Hits New High Today

The pound to naira exchange rate surged to a new high today, with £1 trading at N1,250 on the parallel market, according to financial analysts and currency traders in Lagos. The sharp rise follows...