- A prominent X user asserted that the dollar crashed to N650 as Nigerians hurried to sell their hoarded foreign currency
- Legit.ng reports that the claim surfaced amid Nigeria’s battle with economic hardship
- A fact-checking platform investigated the claim and shared its findings in a report published on Friday, April 5
Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering economic matters.
FCT, Abuja – As Nigeria grapples with soaring inflation and plummeting currency, a claim emerged that the dollar against the naira was N850 and N650 on March 28, 2024 and April 1, 2024, respectively.
