Naira Down Archives | Tech | Business | Economy https://techeconomy.ng/tag/naira-down/ Tech | Business | Economy Fri, 06 Sep 2024 07:11:43 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Naira Down Archives | Tech | Business | Economy https://techeconomy.ng/tag/naira-down/ 32 32 Naira Depreciates to 1,639/$ at Parallel Market https://techeconomy.ng/naira-depreciates-to-1639-at-parallel-market/ https://techeconomy.ng/naira-depreciates-to-1639-at-parallel-market/#respond Fri, 06 Sep 2024 06:20:35 +0000 https://techeconomy.ng/?p=142448 Nigeria’s naira exchanged for N1, 639.41 to a dollar at the official rate. The downward slide of the local currency worsened yesterday, Thursday, September 5, 2024. The figure yesterday indicated a whooping loss of N34 after the dollar exchanged for N1,606 the previous day, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM) rate. Also […]

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Nigeria’s naira exchanged for N1, 639.41 to a dollar at the official rate.

The downward slide of the local currency worsened yesterday, Thursday, September 5, 2024.

The figure yesterday indicated a whooping loss of N34 after the dollar exchanged for N1,606 the previous day, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM) rate.

Also the black market rate also dipped yesterday as the naira lost N5 against the dollar, exchanging at N1,645/$1, as against N1,640 the previous day.

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