The
Nigerian local currency has tumbled terribly in the parallel market in
exchange to the U.S dollar as assurances from the Central Bank of
Nigeria and President Muhammadu Buhari fails.
These are the currency exchange
rates for today, January 25, 2017, powered by Zenith Bank Plc. The naira
has maintained its yesterday's value of N498 to a dollar.
It should be noted that the Nigerian economy has remained in an
abysmal status following the high rate of inflation aggravated by the
import-based economy of Nigeria.
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