LAGOS, Nigeria (VOICE OF NAIJA)- The Nigerian naira has fallen to an all-time low against the US dollar, reaching N950 to one dollar at the parallel market today.
It had traded earlier this week at N897.
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At the official window, market data posted on 9 August showed that the Naira closed at N782.38 per $1.
Street traders have put the buying price of the dollar at N935 and the selling price at N950, leaving a profit margin of N15.