Naira Slumps Further At Parallel Market Ahead Of Easter

April 15, 2022 by Don Saint 0 Comments

The naira slumped further and exchanged to the dollar at 590 on Thursday at the parallel market ahead of the Easter festive period.

Some Bureau de Change operators who spoke to Punch correspondent said the dollar was bought and sold at 585 and 590 on Thursday.

On Monday, the naira had earlier traded to the dollar at N588.

At the Importer & Exporter forex window, the naira fell by 0.20 per cent to close at N417.5 after reaching a high of N444.

The Central Bank of Nigeria however maintained N416 as its official rate on its website.

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PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

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