NAIRA LOOSES VALUE AS IT CRASHES TO 700 TO 1 DOLLAR

The naira has crashed further in the parallel market, trading for N700 against the U.S. dollar.  The national currency which traded for N670 against the dollar on Monday, July 25, crashed even further by 6.7 percent on Wednesday, July 27.

Below is a list showing the exchange rate of the Naira to other foreign currencies.