Tag: GBP

Naira falls at official rate despite dollar weak gains
Economy

Naira depreciates to N2100/£1 in black market

By Alex Omenye   The naira witnessed a significant decrease, peaking at N2100 per Great British Pound in the parallel market, commonly known as the black market. This surge represented a notable increase of 7.62%, with the currency strengthening by N160.00 compared to the previous day’s closing rate of N2,260. This upward movement aligns with […]