Naira Hits Record Low Of N1,300/$

The Nigerian currency, the naira, faced a substantial decline, plummeting to a rate of N1,300 against one US dollar in the Peer-to-Peer (P2P) cryptocurrency market, as reported on Tuesday. This depreciation extended its reach to the parallel market, where traders verified that the naira was indeed trading in close proximity to the N1,300 mark. Even … Continue reading Naira Hits Record Low Of N1,300/$