Naira drops by N5 value to dollar

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Edwin sylvester

Active Member
Apr 21, 2020
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The Nigerian currency has not been able to frind a stable ground since the start of 2020, as it experience a N5 loss to the dollar on the black market.
But still on the naira, the local currency closed flat against the Euro at N465/€1 while against the Pound, it appreciated by N5 to close at N540/£1 in contrast to N545/£1 it exchanged at the previous session.