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Naira Plummets: Loses 20k to Dollar at Official Market

.... Currency Shock

by Akwaeze
July 22, 2025
in News
Naira Plummets: Loses 20k to Dollar at Official Market

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The Naira opened the trading week almost static on Monday, trading at N1,532.54 to the U.S. dollar at the official market.

According to the data released from the Central Bank of Nigeria’s (CBN) official website, the Naira lost 20 kobo against the dollar.

This represents a 0.01 per cent loss when compared to the previous trading figure of N1,532.34 per dollar recorded at the close of trading on Friday.

Source: Lazeera News- We Listen!
Via: Lazeeranews
Tags: DollarNairaStock Exchange
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Akwaeze

Akwaeze

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

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