Naira slides at black market

fell marginally against the U.S dollar at the parallel market segment on Friday after maintaining stability for five consecutive sessions simultaneously.

Data gleaned on abokiFX.com, a website that displays parallel market rates in Lagos showed that naira closed at N506.00 per $1 at the black market window on Friday.However, data published on the FMDQ Security Exchange where forex is officially traded showed that the local unit closed at N410.38 per $1 at the Nafex window on Friday.

This happened as the naira perceived an intraday low of N412.76 and oscillated to a high of N400.00 before settling at N410.38 as of the close of business on Friday.

Source: News Formal (newsformal.com)

Very soon $1 that is not even enough to buy a bottle of sprite will be N1000 and above in the zoo very very shameful

All thanks to brainless OfficialAPCNg that doesn’t have anything to offer, these are the things they know how to do best silencing innocent protesters, lying for the people of Nigeria , kidnapping, terrorism and banditry business, looting of public funds, bribery and corruption

UsamaAuwal8

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