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How much was a dollar exchanging for in the black market at the time?

How much was a dollar exchanging for in the black market at the time?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A N1,000
  • B N1,600
  • C N1,500
  • D N2,000
Correct Answer: Option B
Explanation:
The black market exchange rate was as high as N1,600 per dollar.

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