Naira has started the new week with a massive fall at the black market.
The Editor Nigeria gathered that the Nigerian official currency, Naira on Monday, January 24, 2022, fell massively against the British Pounds and Euro, days after maintaining same position at the parallel market better known as the black market.
This Online news platform platform understands that while the naira has fallen against Pounds and Euro, it however, maintained the position it closed last week against the United States dollar at the black market.
A survey conducted by The Editor Nigeria at the Bureau De Change (BDC) market in Ogba area of Lagos, Nigeria’s commercial city, on Monday morning, January 24, 2022, shows that the naira to usd exchanged at N570/$1, while pounds to naira ex changed at N755/£1
and euro to naira exchanged at N645/1€ in what is a massive fall of the naira against pounds and euro.
