Business
Naira Continues Free Fall Against Dollar
The naira continued its free fall against the dollar at official and parallel foreign exchange markets to begin the week on a negative note.
This comes as the Central Bank of Nigeria’s foreign exchange data showed that the naira fell further to N1,605.62 per dollar on Monday from N1,602.18 exchanged last week Friday.
The naira weakened by N3.44 against the dollar on a day-to-day basis.
Read Also: Osun 2026: OSRPM Reaffirms Support For Gov Adeleke, Lauds Continued Commitment To Transport Sector
Similarly, at the black market, Nigeria’s currency, the naira, depreciated by N5 against the dollar to N1610 on Monday from N1605 traded at the close of last week.
This comes as the apex bank said the country’s external reserves grew to $38.8 billion in 2024.
-
Metro1 year agoHusband Of Osun Missing Police Cries Out To IGP For Help
-
National1 year agoLagere Flyover: Ooni Lauds Gov Adeleke, Urges To Do More On Stomach Infrastructure
-
National1 year agoOsun Monarch Threatens Journalists As Fake Doctor Nabbed Over Pregnant Woman’s Death Freed, Resumes Duty At Hospital
-
Education10 months agoOsun Poly Commences Sales Of HND Admission Application Form For 2024/2025 Session
-
Entertainment1 year agoBuried Alive Challenge : Man Speaks From Underground After 23 hours
-
National1 year agoNigerian Man Announces ‘Buried Alive For 24 Hours’ Challenge
-
National1 year agoBinance CEO Claims Nigerian Officials Demanded Crypto Payments To ‘Make Issues Go Away’
-
Politics1 year agoGov Ododo Spent 100 Days Serving Bello As Special Driver – Okai