Top Headline

Dollar crashes to all-time low against Naira in six months

The Nigerian currency continues to show strength against the US Dollar and other currencies in the foreign exchange market.

IDOMA VOICE observed the Dollar to Naira rate at N1240 per dollar in the parallel market.

This newspaper notes that this is the first time the dollar has reached such a low rate against the naira in six months.

Recall that last month, the naira crashed to about N1900 per dollar in the foreign market.

However, the intervention of the federal government has further strengthened the naira against other currencies.

 

Abah Raphel ( Junior)

Abah Raphel is in charge of metro news at Idoma Voice. He covers human interest stories and loves reading and playing games

Recent Posts

Full List of 80,000 delisted companies published by CAC

The Corporate Affairs Commission (CAC) has officially removed companies that failed to file their annual…

6 mins ago

Amended NDLEA Act: Senate approves life imprisonment for drug traffickers, rejects death penalty

The Senate on Thursday agreed with the House of Representatives' recommendation to replace the death…

27 mins ago

Monday Odigie steps down as Bendel Insurance coach

Monday Odigie, the coach of Bendel Insurance Football Club of Benin, has resigned from his…

1 hour ago

Lewandowski reflects on missed Manchester United transfer

Robert Lewandowski has reflected on the time he nearly joined Manchester United in 2012, only…

1 hour ago

Okoye reflects on Super Eagles return after two years

Maduka Okoye has reflected on his first appearance for the Super Eagles in two years.…

2 hours ago

Probe panel: Ortom defeats Benue state govt at appeal court

The Court of Appeal, Makurdi Division, on Thursday set aside the ruling of the Benue…

15 hours ago