Tag: Nigeria** 2. **Forex Market
Naira Drops to 30 Dollars as Exchange Rate Hits New Low
The Nigerian naira dropped to a record low of 30 dollars on Tuesday, as the exchange rate hit a new historic low amid economic pressures. The Central Bank of Nigeria (CBN) confirmed the decline,...
Naira Hits 100 to the Dollar Amid Economic Pressures
The Nigerian naira weakened to a historic low of 100 to the U.S. dollar on Monday, marking its steepest decline amid mounting economic pressures, according to data from the Central Bank of Nigeria. The...
Naira Drops to 500/$ as Exchange Rate Hits New Low
The Nigerian naira plunged to a record low of 500 per U.S. dollar on Wednesday, marking its steepest decline in months amid worsening economic pressures. The Central Bank of Nigeria (CBN) confirmed the drop,...