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Naira Crashes To N510 Per Dollar

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Naira Crashes To N510 Per Dollar

The free fall of the Naira at the foreign exchange market entered another fresh climax this Wednesday afternoon, February 15, 2017.

Business Post reports that the local currency moved from N507 Per dollar it opened this Morning to N510 in the afternoon.

Last week, the Naira first hit the N500 mark from N498 to the Dollar, before finishing the week at N503 per Dollar.

Also as at the time of writing this report, the British Pound Sterling is being exchanged at N625 from N620 it opened on Wednesday morning, while the Euro is traded at N535 in contrast to N532 it opened.

-Business Post NG

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Moji Delano is a Lawyer turned Blogger, Entrepreneur, Digital Media Strategist/expert. For news as it breaks: BBMpin1: 7AFE1932, (NEWS UPDATES,BUSINESS, BLOG INQUIRIES AND TIP-OFFS ONLY) BBMpin2 : D3E76039 (NEWS UPDATES,BUSINESS, BLOG INQUIRIES AND TIP-OFFS ONLY) Breaking news hotline : 08093005118, 08040003887(enquiries and tip offs only)

1 Comment

1 Comment

  1. Dr McKing

    February 15, 2017 at 10:37 pm

    That’s what you’ll get when you have lawyers managing the economy…

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