See new exchange rate for naira against US dollar, euro, pound sterling

  • The Nigerian currency, the naira, continued its free fall against the dollar in the foreign exchange market
  • The latest exchange rate is due to the naira coming under intense pressure from market participants
  • The same poor performance was recorded for the naira in the unofficial foreign exchange markets

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trend.

The value of the Nigerian currency, the naira, continues to depreciate against the US dollar in both the official and unofficial forex markets.