- Brazil's Narrow Victory Over Chile: Luiz Henrique's Late Goal Shines Bright Oct 11, 2024
- Wesley Bell Defeats Cori Bush: Impact on Missouri's 1st District and Beyond Aug 8, 2024
- Carabao Cup Quarter-Finals 2024: Full Match Schedule, TV Broadcast, and Analysis Oct 30, 2024
- Wolves vs Liverpool LIVE: Premier League Clash Updates and Results Today Sep 28, 2024
- Harry Potter Fans Left Disheartened as King's Cross Back to Hogwarts Countdown Fizzles Out Sep 3, 2024
Business
Naira Plummets Past N1,500: Official and Black Market Rates Signal Growing Exchange Rate Tension
- Cedric Malan
- Jun 4, 2025
The naira’s official rate has jumped to ₦1,581.58 per dollar, with black market rates soaring past ₦1,615. The widening gulf between official and parallel markets reflects deepening foreign exchange struggles for Nigeria, driven by liquidity shortages, speculative trading, and economic uncertainty.