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Naira Slippage: The Growing Gap Between Official Rates and Street Reality

Naira Slippage: The Growing Gap Between Official Rates and Street Reality

Life in Nigeria just got a little more expensive for the average person as the naira drops to N1,405 at the parallel market. While the official window shows a flicker of recovery, the street tells a completely different story, leaving traders and everyday citizens caught in the middle of a widening exchange gap.