Too Bad: Naira Takes a Nosedive in the Black Market... See Disturbing details

Tags

The resuscitation of the naira in the interbank and parallel markets as advocated by the Federal Government and the Central Bank of Nigeria might be a mirage following the status of the local currency in the market. 
These are the currency exchange rates for today, December 7, 2016, powered by Zenith Bank Plc. The import-based structure of the Nigerian economy coupled with the financial crisis has inflicted more hardship through inflation.

See details below: