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Naira Exchange rate is getting worse for Nigerian currency holders

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The Nigerian economy continues to get worse for many Nigerians and it now a big concern. We see the Naira drop year after and and the Buhari Administration is not doing anything to save the Naira. The Naira to dollar was around N250 to 1 Dollar when Buhari and the APC took office. Today, the Naira rate on the black market is over 500N to 1 dollars.

As of today, September 14, 2021, here are the parallel rate for Naira to dollar exchange in Nigeria.

Screen Shot 2021-09-14 at 8.53.39 AM.png
 
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