Naira crashes against British Pound Sterlin,now N1005/1p

Naira has crashed to a historic low against the British pound sterling after crossing the symbolic N1000 mark threshold at the parallel market.

As at Tuesday the British Pound Sterling traded around N1005/1p, meanwhile the Euro is sold for about N865-N870-/$1.

This ugly trend will likely affect inflation and encourage massive migration Nigerian youths to a more stable economies…

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