Hot Stories

Nigerian Actress Chika Ike Shows Off Post-baby Body (Photos)

You Do Not Have A Defined Career Or Any Tangible Job Description - Wumi Toriola Lambasts Food Critic, Opeyemi For Coming To Chef T’s Defence

Many Married Women Are Bitter And Depressed Because They Monitor Their Husbands' Phones - Nigerian Woman Says

I Waited For Wizkid in The Bathroom – Tomama Shares Encounter With the Singer (Video)

I Need Help – James Brown Opens Up on Being Broke, Homeless

Tragedy As Newlywed Couple Perish In Otedola Bridge Gas Tanker Explosion

Opeyemi Famakin Slams Wumi Toriola For Calling Out Chef T

Nekede Poly Lecturer Suspended For Assaulting Student

BREAKING: Appeal Court Stops Reinstatement Of Sanusi As Emir Of Kano

James Brown Allegedly Broke And Homeless

TikToker 10 Naira Surprises His Mother With A Brand-New Motorcycle

Nigerian Soldier Abandoned In Kaduna Hospital Since 2020 After Spinal Cord Injury, Says He’s Lost Hope (Photos)

APC Chieftain Dies In London After Breaking Ramadan Fast

Drama As Labourer Accused Of Threatening To K!ll His Boss, Feigns Madness, Str!ps And Runs Out Of Akure Court

Man Caught After Stealing Dollars From His Boss (Video)

Soso Soberekon Advices Women Hoping To Use S3x To Keep A Man

Girls Who Wear Outfits Exposing Their Bre@sts Are A Disappointment To Womanhood And Cannot Make Good Mothers - Delta State Gov’s Aide Says

Biodun Okeowo Applauds Husband Over Plan to Credit 30 Account to Celebrate Daughter’s Birthday

Asake’s Ex-manager, Tunde Phoenix, Slams Singer for Abandoning His Sick Father

He Arrived On His Two Feet But Left With A Broken Leg - Jaywon Calls Out Lagos Hotel Over Alleged Mistreatment Of Joel (Video)

Naira Records Highest Depreciation Against Dollar in 48 Hours

Posted by Thandiubani on Fri 14th Mar, 2025 - tori.ng

Thursday’s depreciation at the official market is the highest drop in the past 48 hours as it dipped by N10.92 against the dollar.

The naira has continued its downward trajectory against the dollar, recording its highest drepreciation in 24 hours.

According to the Central Bank of Nigeria's exchange rate data, Naira fall to N1,554.85 per dollar from N1,543.91 on Thursday.

Thursday’s depreciation at the official market is the highest drop in the past 48 hours as it dipped by N10.92 against the dollar.

Similarly, the Naira weakened to N1,590 per dollar mark on Thursday at the black market.

This is N5 depreciation on a day-to-day basis when compared to the N1585 per dollar exchange rate at the parallel market the previous day.

Since this week kicked off, the Naira has been on a depreciation streak.

The development showed that Naira is fast undoing past months appreciation and stability record against the dollar despite the Central Bank of Nigeria’s policy interventions.