[New post] Naira crosses N800 against dollar at parallel market.
The CEO posted: " Naira fell significantly against the U.S dollar at the unauthorised parallel market on Monday, extending the local unit devaluation to N800 at the close of business.This implies a 2.83 per cent decline from N778.00 per $1 it exchanged last week Friday." Noble Reporters Media
The continuous devaluation of the naira against the dollar at the parallel market increased within the past three business days after the Central Bank of Nigeria announced plans to replace naira notes.
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