Nigeria’s Naira plunges to a new low as the CBN governor reacts

The recent decline of the Nigerian currency, the naira, against the U.S. dollar has raised concerns about its stability and prompted efforts to address the situation. On January 25, the official market witnessed the naira reaching a new low at NGN1,398 per greenback, almost converging with the parallel market exchange rate of NGN1,400 to $1, […] source: https://www.cryptopolitan.com/nigerias-naira-low-as-cbn-governor-reacts/