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Exchange-Rate Crisis in Nigeria – Why does the value of the naira keep falling?

by A Oladosu | Feb 15, 2023 | Finance, Haba Naija

The naira is the official currency in Nigeria. The naira is also the most broadly used forex in Africa. but, the naira has suffered monetary crises in the beyond. That is because the naira’s cost is determined by the financial situation of Nigeria. If...

Naira’s worst exchange rate ever: Pound Sterling at 505 Naira to 1 Pound

by Haba Naija Admin | Feb 18, 2016 | Business

The Nigerian currency, the Naira continues to experience turbulence in the foreign exchange market with Naira trading on Wednesday 18th of February 2016 for as low as 505 Naira to 1GBP and 380 Naira to 1USD. A very detailed reaction and report about this was reported...

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