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Naira Continues Free Fall in All Markets as Africas Largest Bank Predicts New FX Rate in 2024

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The naira again dropped in value in all markets on Monday, May 13, 2024, to continue a seven-week descentThe local currency closed in the official market at N1,478.11 per as against the N1,466.31 it traded the day beforeThe naira recorded the biggest loss in the parallel market, exchanging for N1,520 as against the N1,490 it traded on Friday, May 10, 2024Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade. Read More...

Naira Gains N49.39 Against US Dollar in Official Market

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Naira increased in value against the US dollar at both the official and unofficial foreign exchange markets At the official market, the Naira improved by N49, while in the unofficial market, it is getting closer to below N1,000/$The Central Bank of Nigeria has increased dollar supply, and it is expected to continue in the coming weeksDave Ibemere has over a decade of experience covering Business and the Economy. The value of the Nigerian Naira improved against the United States Dollar across the foreign exchange markets. Read More...

Old Woman Displays Energetic Dance Moves to Igbo Music, Competes With Young People in Viral Vi

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An old woman has shown some young people who the boss is on the dance floor as she 'competed' with themThe woman's display of energy during her performance wowed many people who said she is still young in her movesThere were also social media users who found her dance quite inspiring and a promotion of the rich Igbo culturePAY ATTENTION: Legit.ng is on a mission to support vulnerable children of Calabar – join the initiative on Patreon, let’s change more lives together! Read More...

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