The naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators.According to naijabdcs.com, the Central Bank of Nigeria’s official rate for the BDCs, the dollar was bought and sold at the rate of N503 and N504 as of Friday evening.
It would be recalled that in April 2017, the CBN established the I&E forex window as part of efforts to deepen the foreign exchange market and accommodate all forex obligations. The CBN had also disclosed that it was increasing the amount of foreign exchange allocated to banks to meet legitimate needs.
2).....misplaced priority, without building human infrastructure, buy weapons and share with insurgents, pay humongous salaries to lazy civil servants and put the balance in foreign accounts of individuals...the result is nothing but hyper inflation
1) When you are not producing anything but only consuming. When you take money from Niger Delta oil & taxes from Lagos and use it to feed idle people in idp camps, pay ransom to bloodsucking people called terrorists, building infrastructure with borrowed money, based on........
Emiefele and Buhari don finish the Naira, abeg make the years do fast forward. 🤦🏾♂️
Ohhgg no, clueless government what is this?
🙆🏾♂️🙆🏾♂️🙆🏾♂️🙆🏾♂️Chineke! Abeg, where are my foreign clients na? It's now that I need those foreign briefs God, epp me to move my ministry to the permanent site jare
Upon all the continuous loans...
etubom_virtuoso
Useless Government
By the time Buhari leaves Office only God will know what's left of Nigeria.
Why Buhari no fit kukuma fall like this useless naira make we rest here na.
It’s the fault of the lazy youths; all they know is to protest. The government is doing everything right. best government since 1960. Worst set of youths since amalgamation.
MBuhari the destroyer of Nigeria economy, a complete disaster & fiasco, all he does is borrow money from around the world and squander it, in name of executing projects, Nigeria most corrupt administration & leader.
This naira go reach 1000 cause na block heads we get for power now
Smh
He'll make 1 naira to 1 dollar, their promise.
Naira note is an embarrassment,it falls everyday.🤦🏾♂️
RIP Naira note
Death of the Naira.
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