• Naira falls very low again as dollar demand rises…See the shocking exchange rate

    Naira falls very low again as dollar demand rises…See the shocking exchange rate

    The travails of the Naira in the parallel market is apparently far from being over as the currency tumbles to a new low. The naira weakened further on Friday, trading at 360 to the United States dollar at the parallel market, amid a rise in demand for dollars by fuel importers.

    According to reports, the local currency stood at 341 at the unofficial market on Thursday, a day after the Federal Government announced the removal of fuel subsidy and a new […]