See new naira to dollar exchange rate in official and black markets

  • Nigerian currency has once again depreciated against the United States dollar in the foreign exchange market
  • The value of the naira also depreciated against the pound and the euro, leaving the CBN with more headaches
  • Aminu Gwadabe, the president of ABCON, explained to Legit.ng in a chat why the naira is depreciating despite CBN intervention

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 trends.

The Nigerian naira has depreciated against the United States dollar in the official and unofficial forex markets.