Naira slumps to 523 against dollar at parallel market - Punch Newspapers

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The most widely read newspaper in Nigeria

The naira slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria stopped the allocation of foreign exchange to Bureau de Change operators in the country.

Before the new regulation, the CBN had been supplying each BDC $10,000 twice a week at the rate of N393. “Throughout this meeting of the MPC, we extensively debated this matter, and independently with each member of the committee exhibited accurate and deep understanding of issue at stake.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Finally, na 1000 to a dollar we dey go..

When a president lacks idea , it is very easy to know. What reasonable policy has CBN president brought to the table. No matter how good it is implementation is always zero. When a president doesn't change his cabinet, it means they are performing but reverse is the case here

They are about to borrow more money!!! Pin this tweet!!! That's why they are devaluing naira more

Wetin con remain for this country 🤦 💔

Bubunomics

Buhari and APC have finished this country with ignorance

Hahahahaaaa Never Allow Igbos Rule Again(NAIRA) is dead Hahahahaaaa

All thanks to the governor, CBN 👏🎬

dividends of saibaba, rest in peace zoo

Jesus Christ... I think is 502 now.. Ha. Naira RIP

This is terrible, what a country.

Naira go eventually faint

They have raped us of our future.

Chineke!

Australia Australia Latest News, Australia Australia Headlines