Tag Archives: Naira at lowest level in 43 years

Naira at lowest level in 43 years, now N305/dollar

January 14, 2016 by Don Saint 0 Comments

The financial sector appears to have entered a heightened pressure, yesterday, as both the foreign exchange and stock market sustained major negative trends. The Naira depreciated further to a 43-year low at N305 per dollar as scarcity of dollars intensified in the unofficial market. From an average of N287 per dollar on Tuesday, the parallel […]

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