Business

BREAKING: Naira strengthens by 7.43% to N1750 against dollar at the black market 

The Naira witnessed a notable surge on Thursday, reaching a high of N1750 per dollar in the parallel market, commonly known as the black market.


This surge represents a substantial 7.43% increase, with the currency strengthening by N130.00 compared to the previous day’s closing rate of N1,880.


The surge coincides with Nigeria’s intensified efforts to counter the ongoing depreciation of the Naira.