Business
Naira Depreciates To ₦410 Per Dollar As Coronavirus Cases Increase To 81
TRACKING___Following the uncertainty in the foreign exchange market, the Naira depreciated at the parallel market on Friday evening.
Nigeria’s currency depreciated to N410 per one dollar at the parallel market, popularly known as the black market on Friday evening according to Aboki Fx. This development followed the suspension of sales of foreign exchange by the Central Bank of Nigeria (CBN) to the Bureau De Change operators (BDCs) due to the spread of Coronavirus.
The raging coronavirus and the crash in oil prices are having a huge effect on the global economy including that of Nigeria.
As at 11:55 pm 27th March there are 81 cases of confirmed #COVID19 reported Nigeria. 3 have been discharged with 1 death.
Current numbers from states;
Lagos- 52
FCT- 14
Ogun- 3
Ekiti- 1
Oyo- 3
Edo- 2
Bauchi- 2
Osun-1
Rivers-1
Enugu- 2
TOTAL – 81
-
Politics5 days ago
PROPHESY TO PRESIDENT BOLA AHMED TINUBU ABOUT 2027
-
News5 days ago
Family, Friends Celebrate Jailed Former Deputy Senate President, Ike Ekweremadu’s Birthday
-
Business2 days ago
Nigeria’s Azikiel Refinery to Begin Operations in 2025
-
Business5 days ago
Baraza: Bribena pleads for understanding, highlights solutions to organization’s problems
-
Politics5 days ago
Fubara Swears-in Dagogo as Attorney-General, to Probe Wike’s 8 Years As Governor
-
Politics2 days ago
You Have a Few Days to go, Gov. Fubara Tells LGA Chairmen
-
Business5 days ago
Gunmen kidnap Dangote cement workers in Edo
-
Crime5 days ago
$2.5bn fraud: EFCC to collaborate with UK prosecutors in Diezani’s case