Naira in Fatal Crash at the Black Market.
The Nigerian local currency has tumbled terribly in the parallel market in exchange to the U.S dollar as assurances from the Central Bank of Nigeria and President Muhammadu Buhari fails.
These are the currency exchange rates for today, January 25, 2017, powered by Zenith Bank Plc. The naira has maintained its yesterday’s value of N498 to a dollar.
It should be noted that the Nigerian economy has remained in an abysmal status following the high rate of inflation aggravated by the import-based economy of Nigeria.
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