ADVERTISEMENT
The Nigerian Naira has hit an alarming low of N1,665 per US dollar in the parallel market, marking a sharp decline that has sent shockwaves across the country. While the official rate hovers around N1,537 per dollar, the widening disparity highlights a deepening currency crisis. This depreciation raises urgent concerns about Nigeria’s economic stability and its impact on businesses and households. Experts warn that without decisive intervention, the currency’s value could plummet further, exacerbating inflation and financial woes.
Will the government step in to bridge this gap and stabilize the Naira before it’s too late?
Peoplesmind
