Connect with us

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

Victorious

Published

on

Follow
NAIJA NEWS: BREAKING: Naira Further Crashes to N700 to A Dollar at Black Market [New Naija News] » Naijacrawl
Photo: Naijacrawl

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

Click Here To Comment




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

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

Breaking: Helicopter crashes in Lagos

Victorious

Published

on

NAIJA NEWS: Breaking: Helicopter crashes in Lagos [New Naija News] » Naijacrawl
Photo: Naijacrawl
In a harrowing event on Tuesday, a helicopter accident took place in Lagos State, Nigeria, when the aircraft crashed into a building at Oba Akran Ikeja.The incident unfolded at approximately 3:30 p.m. near the AP Filling Station and United Bank For Africa premises.Tragically, the helicopter was just moments away from its scheduled landing at Murtala Muhammed International Airport (MMIA).Naijacrawl reported that both pilots aboard the helicopter were successfully res...
Continue Reading

Naija News

UK Fuel Scarcity: 6 Nigerians Arrested for Operating Black Market

Piroll

Published

on

NAIJA NEWS: UK Fuel Scarcity: 6 Nigerians Arrested for Operating Black Market [New Naija News] » Naijacrawl
Photo: Naijacrawl
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...
Continue Reading

Naija News

Naira Strengthens on Anticipation of More Dollar Sales by CBN

Piroll

Published

on

NAIJA NEWS: Naira Strengthens on Anticipation of More Dollar Sales by CBN [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Nigerian Naira gained strength against the US Dollar on Monday, with the parallel market rate dropping from N1,130 to N1,000 by midday. This surge is attributed to forex traders anticipating another round of dollar sales to Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN) this week.The optimism follows the CBN's previous intervention last week, where they injected $15.88 million into the market at a rate of N1,101 per dollar. This move by th...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.