Tekedia Forum

Forum Navigation
Please or Register to create posts and topics.

The BIG Naira Fade

Unbelievable! Really? "The naira has crashed further to its deepest fall, hitting N710/$1 on Wednesday at the parallel market, according to the rates published by exchange rate aggregator Aboki Forex. The N710/$1 rate is a 6.7% crash from the naira’s N670/$1 position on Monday, worsening Nigeria’s inflation that was last pegged at 17.71 by the Nigerian Bureau of Statistics (NBS)."

It overtook Ikoku many years ago. Passed all of Muhammed, Balewa, Wazobia!, Awolowo, Ahmadu Bello and recently Zik. Now, it is going after the duo of Isong and Mai-Bornu (N1,000). O di egwu.

Read Samuel Nwite's piece on the state of Naira.

 

Registration for Tekedia Mini-MBA edition 9 (Sep 12- Dec 3 2022) has startedRegister here. Cost is N60,000 or $140 for the 12-week program.

Uploaded files: