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Thursday, 18 February 2016

Naira slumps to 391/dollar...


The Nigerian naira on Thursday tumbled further significantly at the parallel market hitting 391 against the dollar, You wanna know why its happening this way? 

It has a lot to do with foreign exchange scarcity.
The Nigerian Naira  is on a major free-fall mode against the dollar at the black market, having lost 26 per cent of its value in less than two weeks.
To that Just  on Wednesday The naira had exchange for one dollar at 372 on the streets of Lagos, Abuja and other major cities.
 I love when people keep to their words, we were promised 'Change' and here it is...

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