Naira falls to N496.50k on black market as dollar scarcity persists - BUSINESSDAY
...lowest since August 2020
BY Hope Ashike
Nigeria’s currency on Friday fell by N6.17k to an average rate of N496.50k on the black market, as against an average rate of N490.33k it exchanged on Thursday. This is the lowest the naira has fallen since August 2020 amid persisting scarcity of the greenback.