Audio By Carbonatix

The Nigerian naira fell against the greenback to 500 on the black market as the nation’s dollar scarcity worsens, according to abokiFX.com, which collates prices from traders in Lagos each day.
The currency’s unofficial rate is now 38 percent weaker than the central bank’s level of 309. That’s despite several attempts by Governor Godwin Emefiele and the government to stem the rout after a devaluation in June.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
AI literacy initiative launched to equip underserved Ghanaian youth with future-ready skills
24 minutes -
Anatomy Act allows body donation for science but families can override – Legal expert
25 minutes -
Apostolic fathers back Mahama after US university withdraws honorary degree
42 minutes -
True honour is revealed in moments of testing – Apostolic Fathers defend Mahama’s stance after honorary degree withdrawal
42 minutes -
Tudor leaves Spurs after just 44 days in charge
57 minutes -
UniMAC deepens IWD 2026 conversations with focus on women in media and leadership
60 minutes -
Dr Bawumia outlines six policy steps for Africa to become a global AI leader
1 hour -
CAF increases AFCON participating countries from 24 to 28
1 hour -
Police arrest man seen in viral video assaulting girlfriend at Cape Coast
1 hour -
Dr Bawumia calls for increased tech funding and focus on skills training for women and the deprived
1 hour -
Funeral and Burial Bill to protect widows, respect wishes of the dead, not kill custom – Mpraeso MP
1 hour -
Mpraeso MP advocates for greater rights for children and widows in funeral traditions
1 hour -
LSE Africa Summit: Dr Bawumia showcases how Ghana’s robust digital systems have set the tone for smooth AI take-off
2 hours -
CAF names Samson Adamu as interim General Secretary after Mosengo-Omba exit
2 hours -
Fire breaks out at Ghana Digital Terrestrial Transmission Centre in Brekuso
2 hours
