⚡ Break Story💰 Money Matters
🔰Sergeant

Naira Keeps Falling Even as Our Reserves Hit $51 Billion , Something Doesn’t Add Up

A

4 months ago

The official rate dropped by N3.32 in one day, but the black market stayed flat at N1415, showing a market that is confused more than crashing. Meanwhile, our external reserves are at $51.64 billion and Dangote just slashed petrol prices by N175, yet the Naira still can’t catch a break. If we have all this money in the bank and cheaper fuel, why is the Naira still struggling to hold its ground?
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