Importers weep as NAIRA crashes again on Friday against all major currencies - (See exchange rate)

07/Apr/2017   //    Viewers:1540    //    Likes:    //    Shares:    //    Comments:



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PARIS, APRIL 7, 2017: (DGW) The Nigerian Naira has fallen abysmally again against all major currency as Central Bank of Nigeria (CBN) recent intervention fails to yield the desired dividend.

The Naria traded for N405 on Friday to the US dollar on the parallel market as against N397 on Thursday while the Euro exchanged for N425 and pound sterling for N485 respectively.

This was, however, blamed on the inability to access foreign currencies through the banks which forced customers to invade the black market.










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