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BREAKING: Naira Further Crashes to N700 to A Dollar at Black Market

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NAIJA NEWS: BREAKING: Naira Further Crashes to N700 to A Dollar at Black Market [New Naija News] » Naijacrawl
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The national currency, which traded for N670 against the dollar on Monday, July 25, crashed even further by 6.



7 percent today, July 27.

According to new reports, the Nigerian currency, the naira, has crashed further in the parallel market.

The naira is now trading for N700 against the U.S. dollar.

The national currency, which traded for N670 against the dollar on Monday, July 25, crashed even further by 6.7 percent today, July 27.

The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market on Wednesday, July 27th, 2022, despite starting the day at N675/$1. This is according to information from Bureau de Change operators in Lagos State.

See a list showing the exchange rate of the Naira to other foreign currencies below:BREAKING: Naira Further Crashes to N700 to A Dollar at Black MarketBREAKING: Naira Further Crashes to N700 to A Dollar at Black Market

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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UK Fuel Scarcity: 6 Nigerians Arrested for Operating Black Market

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NAIJA NEWS: UK Fuel Scarcity: 6 Nigerians Arrested for Operating Black Market [New Naija News] » Naijacrawl
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As the United Kingdom continue to be hit with unprecedented fuel paucity, the situation has led to the arrest of no fewer than Nigerians for hoarding Fuel in Jerry cans and selling at exorbitant prices.According to the UK police spokesman Greg Smith, some of the Nigerians arrested include Kenneth Obiora (M), Chukwuma Ahamba (M), Gift Nwankwo (F), Kelechi Amadi (M), Afamefula Nkemdiri (M), and Ernest Okoye (M).Smith says they will be charged to court on offence bothe...
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Naira slumps to N900 against Dollar

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NAIJA NEWS: Naira slumps to N900 against Dollar [New Naija News] » Naijacrawl
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Nigeria’s currency, the Naira, slumped to N900 against the Dollar at the parallel market on Wednesday.Ahmed Gazali, a Bureau De Change Operator, confirmed the rate to the Daily Post on Thursday morning.Meanwhile, the Naira traded at N773.42 in the official market against the Dollar.The figure represents a marginal depreciation of 0.35 percent compared with N770.72, the value of the naira traded against the Dollar on Tuesday.The development comes barely 48 hours afte...
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Currency Swap: Naira gains against dollar

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NAIJA NEWS: Currency Swap: Naira gains against dollar [New Naija News] » Naijacrawl
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At the Investors and Exporters window on Monday, the naira was exchanged for a dollar at a rate of N461.33.In comparison to the N461.75 for which it was exchanged to the dollar before the close of business last Friday, the rate represented an increase of 0.09 percent.On Monday, N461.50 to the dollar represented the open indicative rate.Before it settled at N461.33, the highest recorded exchange rate for the day's trading was N462.31 against the dollar.In Monday's tr...
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