Tag: Forex Crisis
Naira Drops to 1,000 per 100 Euros Amid Forex Crisis
The Nigerian naira plummeted to 1,000 per 100 euros on Tuesday amid a deepening foreign exchange crisis, marking a record low against the euro, according to data from the Central Bank of Nigeria (CBN)....
Naira Drops to New Low Against Dollar Today
The Nigerian naira weakened to a new record low against the U.S. dollar on Monday, trading at 1,300 naira per dollar in the parallel market, according to local currency traders. The decline marks the...