The naira on Friday exchanged at N335 to the dollar as the scarcity of the greenback worsened at the parallel market.
Currency falls to record N335 to dollar at parallel market
The News Agency of Nigeria (NAN) reports that the naira lost N10 to exchange at N335 to the dollar, a depreciation of three per cent.
It previously traded at N225 to the dollar.
Meanwhile, the official Central Bank of Nigeria (CBN) exchange rate remained at N197 to the dollar.
Traders at the market expressed worry at the increasing shortage of the greenback and urged the government to take immediate steps to stem the tide.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Traditional rulers wants Nigerians to pray for political leaders to succeed
Gov AbdulRazaq excited as Kwara UTME candidates record impressive scores
Kebbi Governor says some powerful people ganging up against his administration
Parents are in pain today because of Bobrisky, Nigerians lament cross-dressing
Protesters against Matawalle not from Zamfara - APC
Only 53 out of 5,545 graduates of Adamawa university bag first class
Parents put 3-month-old baby up for adoption so they can focus on work
Tinubu assures of more policies for nation’s industrialisation
Pelumi Nubi’s London-to-Lagos journey and West Africa’s border realities
ADVERTISEMENT