Currency speculators gain N81 50 per dollar sold at black market tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
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By Kadiri Abdulrahman Nigerians are bothered at the unending depreciation of their legal tender, the Naira. The currency exchanged at N197 to a dollar in June 2015, but now exchanges at above N400. The Central Bank of Nigeria (CBN) recently devalued the Naira by seven percent against the dollar, in a bid to migrate towards […]
The foreign exchange crisis in the country may worsen soon, as anti-market schemes, speculation and hoarding, have taken firmer hold in the market, The Guardian has learnt.