TVC News Nigeria Forex Market | Naira Hits Record ₦1,400 To U.S. Dollar

The naira has fallen to a record low of ₦1,400 against the U.S. dollar in the foreign exchange market, reflecting mounting pressure on Nigeria’s currency. Analysts attribute the decline to factors including dollar scarcity, inflation, and ongoing economic adjustments, raising concerns about the impact on imports, inflation, and overall economic stability.

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