Naira drops to 251/dollar, external reserves now $29.7bn

The naira crashed further against the dollar from 247 last Thursday to 251 on Saturday at the parallel market. This came barely one week after the Central Bank of Nigeria cut foreign exchange supply to Bureau De Change operators. The central bank had during its weekly forex sale to the BDCs last Wednesday refused to […]

Naira drops to 251/dollar, external reserves now $29.7bn

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