Naira
Nigeria's foreign reserves dropped by $2.16 billion in March, hitting a seven-year low of $32.29 billion, according to Central Bank of Nigeria (CBN) data.
Videos of Zinoleesky's new Lekki crib go viral on social media. The ex-Marlian signee in a live session addressed the rumours about his new house.
To strengthen the flagging economy, the Central Bank of Nigeria has tightened monetary policy, which is restricting lenders (commercial banks) from extending loans.
Naira continues to perform poorly against the dollar in both the official and black markets and observers have blamed the emergence of 2 platforms.
Primate Elijah Ayodele has unveiled a fresh prophecy concerning Nigeria's economic situation. He stated that the Bola Tinubu government cannot make the dollar N250.
Vice President Kashim Shettima has commented on the naira versus dollar in the forex market while commending President Bola Tinubu's leadership quality.
According to the official rate that was derived from the FMDQ, the local currency closed at N1,234 to the dollar on Monday, April 22, making it N1,234/$.
In recent days, the Naira has depreciated against the US dollar in the official markets after weeks of an unprecedented rally, causing concern among Nigerians.
The Nigerian currency, the naira, has crashed in all the markets after weeks of rebounding against the dollar, making the world's best-performing currency
Naira
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