Panic As Dollar Approaches N1,000 At Parallel Market

The naira plunged to a record low of N925/$1 on the parallel market on Wednesday, August 9, 2023 with apprehension of the prospects of the dollar crossing the N1,000 mark before year end. Traders in Abuja on Wednesday quoted the exchange rate as high as N915/$1 for cash trades. Similarly, the dollar exchanged for between … Continue reading Panic As Dollar Approaches N1,000 At Parallel Market