Naira slumps, exchanges for 480/$ at parallel market

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The naira suffered more setbacks as it exchanged to the dollars at 480/$ at the parallel market on Friday.At the Investors & Exporters forex window, it reached a high of 415/$ on Friday.

The naira suffered more setbacks as it exchanged to the dollars at 480/$ at the parallel market on Friday.At the Investors & Exporters forex window, it reached a high of 415/$ on Friday.

Emefiele, who spoke at a summit on the economy by Bank CEOs in Lagos recently, said the drop in crude oil earnings and the associated reduction in foreign portfolio inflows significantly affected the supply of foreign exchange into Nigeria.

 

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Wahala be like Naira e no Dey hard to slump

Nor be country be dis again oh..

100 naira can't afford a bottle of coke and a small loaf of bread.

APC the talk and do government

I pray make Naira no turn to Venezuela dollar o

Can you imagine say our naira don dey slump! Very soon na faint or better still dead!

Before 2023 exchange rate will be 780\\$

Soon our money will become zimbabwe dollar

We ain't surprised 🥺🥺😎

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