Business
Monday Update: Naira Starts The New Week On A Bad Note, Witnesses Significant Depreciation Against Dollar And Global Currencies – Unveiling The Latest Exchange Rates
In a noteworthy economic shift, the Nigerian national currency, the Naira, has experienced a substantial devaluation against the US Dollar and other foreign currencies. This devaluation is attributed to recent economic reforms implemented during President Tinubu’s tenure. CONTINUE READING
Despite challenges faced by the US Dollar, the Naira has seen a significant depreciation, with the current exchange rates as follows:
1 USD >>>>> ₦1,206.472 1 GBP >>>>> ₦1,476.125 1 EUR >>>>> ₦1,261.645 1 CAD >>>>> ₦887.895
This concerning devaluation raises apprehensions about its potential impact on the economy and the purchasing power of Nigerian citizens. For in-depth coverage and updates on this evolving financial situation, keep a close eye on our reports.
Source: Bushradiogist
-
Latest News2 weeks agoFull List: Tinubu Gives Approval For New Appointments
-
Latest News2 weeks agoKaduna APC House Of Reps Aspirant Pulls Out Of The Race
-
Latest News2 weeks agoFull List: NJC Recommends 12 Justices For Court Of Appeal, Suspends Two Judges Over Misconduct
-
Latest News2 weeks agoAPC Primaries: Full List Of Reps Members Who Secured Return Tickets, State-By-State Breakdown
-
Latest News1 week agoAPC Announces Winners Of Senate And House Of Reps Primaries In Plateau State
-
Latest News7 days ago2027: Updated List Of APC Senatorial Candidates So Far
-
Latest News23 hours agoPresidency Moves Against VDM Over Fake Tinubu Audio Allegation
-
Latest News2 weeks agoFull List: APC Publishes Names Of Disqualified House Of Representatives Aspirants
-
Latest News1 week agoBREAKING: Fubara Pulls Out Of APC Governorship Primary Election
-
Latest News1 week agoTinubu Speaks Out, Says “They Want Me Dead” Over Alleged Cabal Behind Nigeria’s Insecurity
-
Latest News6 days agoList Of APC Governorship Candidates Who Have Emerged For The 2027 Elections
-
Latest News2 weeks agoFull List: Amaewhule, Other Wike Loyalists Clinch APC Reps Primary Tickets