Naira Hits New Low Against the Dollar
The Nigerian Naira faced a significant decline, hitting a new low on Thursday, December 28th, 2023, closing at N1,043.09 per dollar in the official market. This represents a 16.35% depreciation from its previous closing rate, raising concerns just days before the new year. This is the second time the Naira has crossed the N1,000/$ threshold,…
