forex market crisis
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Nigeria Naira Freefall: Nigerians Alarmed As Dollar Rate Hits 1,900
The Nigerian naira is facing a severe crisis, dropping to N1,900 against the US Dollar in some cities, despite the government's crackdown on forex speculators. The Federal Government raided Bureau De Change (BDC) hubs in Abuja, Lagos, and Kano, leading to arrests of operators. National Security...- Nigeria News
- Article
- 1 min read
- bureau de change raid cbn federal government clampdown forex market crisis naira exchange rate nigeria currency
- Category: Business
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