Naira Crashes to N322 Per Dollar At Parallel Market

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The Naira on Wednesday, May 11, took a nosedive at the parallel market, exchanging for N322 to the dollar.

The News Agency of Nigeria (NAN) reports that the naira lost N1 from the N321 it traded on Monday, May 9.

Also the naira traded at N465 and N365 against the Pound Sterling and the Euro respectively from the N467 and N365 it exchanged on Monday.

Meanwhile, the naira continued to exchange at N197 to the dollar at the official Central Bank of Nigeria rate.

 

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