- The naira crashed on the first trading day in 2024 as Nigerians returned to work after the Christmas and New Year holidays
- The exchange rate between the naira and the dollar on January 2, 2024, was at N988.50 per dollar
- The naira’s crash represents 8.9%, as the Nigerian government hopes the local currency will rally at N700 per dollar
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
The Nigerian naira began the New Year very poorly, crashing by 8.9% against the US dollar on Tuesday, January 2, 2024.
