Skip to main content

Nigerian currency Naira now 440 to a Dollar

According to reports, the naira was yesterday sold at the parallel market for 440 per dollar, as the lingering foreign exchange scarcity increased to a new level.

The local currency, which closed at 436/dollar on Thursday, eased to 435 in the early hours of Friday.

The latest declines in the naira value started on Wednesday, a day after the Central Bank of Nigeria’s Monetary Policy Committee retained the benchmark lending rate at 14 per cent. 

Comments

Post a Comment

Popular posts from this blog

Two Nigerian men sentenced to a total of 28 years for swindling over $130,000 from Vietnamese women

Two Nigerian men were sentenced to 16 and 12 years in prison for swindling more than $130,000 from Vietnamese women they befriended online.
Post a Comment
Read more

Check out this sexy referee who has got Instagram busy (photos)

This 21-year-old Russian Football referee Ekaterina Kostjunina isn't just loved for her officiating skills on the pitch but for her sultry pictures she always uploads on Instagram. The Russian beauty takes charge of youth games in Russia but keeps describing herself as a “football player and university student” on IG. Football fans also love her because of her sexy figure, and the fact she's a referee at the young age of 21, that's not common with female football referees. More photos below...
Post a Comment
Read more

President Buhari speaks on why he suspended Justice Walter Onnoghen

Earlier today, President Buhari suspended embattled Chief Justice of Nigeria, Justice Walter Onnoghen and appointed Justice Tanko Muahammad as the acting CJN. While swearing in Justice Muhammad, President Buhari gave reasons for Onnoghen's suspension.
Post a Comment
Read more