Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market.A Bureau de Change operator at Wuse Zone 4, Malam Ibrahim, confirmed the rates on Monday.
According to him ; Yes it is true, we are currently selling above N2,000 for the pounds and it is still about the heavy and consistent demand for these currencies.”
Apparently, the new rate increased from N1,930 recorded on Saturday and is currently the lowest point in the historical performance of the naira.