At the Investors and Exporters’ window, the naira, however, strengthened to 411.63/$1 on Monday from 412/$1 on Friday, according to FMDQ Group.
The naira had strengthened to 506/$1 on August 4 after plunging to
525/$1 at the parallel market on July 28, a day after the Central Bank of Nigeria stopped foreign exchange sales to Bureaux de Change.The CBN Governor, Mr Godwin Emefiele, had on July 27, at the end of the Monetary Policy Committee meeting, announced the stoppage of forex sale to the BDCs, saying they had turned themselves into ‘agents that facilitate graft and corrupt activities of people who seek illicit fund flow and money laundering in Nigeria.’
GUYS, WHAT DO YOU THINK?
..
............... .
LINKS YOU MIGHT LIKE.
(OPTIONAL TO CLICK).
1. For More News Updates, Visit my blog. www.edesononlin enews.com
2. I Design Websites & Register Business Names at Corporate Affairs Commission. Call Or WhatsApp 08136125128.
3. To know more about my services, kindly visit my company website.
...
Prince Peters
CBN is confused! Don't believe their policies is helping for stability of the currency.....ju st tell me how an importer will survive this ....so sad!
Diplomatic Alicho James
By this time tomorrow,$1 would be equal to #1
Mark my words😂😂😂😂😂😂😂
Mark my words😂😂😂😂😂😂😂
Ayokunnu Ishola Ajibola
I thank God it got this far in less than 30 years that buhari has taken over. I overheard the APC saying they will rule for 30 years. Which means after buhari, he fit be buhari as no other candidate around. The other one is in hospital, even this version is now stronger than him. 30-6= 24. Yeah, God should help us chase away these demons as soon as possible. Before 2015, Nigeria needed deliverance and everyone thought the deliverer has come, but now, Nigeria need greater, extended, urgent deliverance.
Chris N Ndifeministries
This is a bad sign from the bad leadership that God did not install.